Vancouver, British Columbia–(Newsfile Corp. – July 10, 2026) – SAGA Metals Corp. (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) (“SAGA” or the “Company”), a North American exploration company focused on critical mineral discoveries, is pleased to announce that, further to its news release dated April 14, 2026, it has closed the previously announced acquisition of all of the issued and outstanding shares of Catalyst Rare Metals Ltd. (“Catalyst”), which holds a 100% interest in the Wolverine rare earth element (“REE”) project (the “Wolverine REE Project”), a royalty-free, heavy rare earth project located near the coast of central Labrador, Canada (the “Acquisition”).
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Brief Summary
SAGA Metals Corp. continues to make strategic moves in the rare earth element space with the acquisition of the Wolverine REE Project. This project is positioned to enhance SAGA’s portfolio significantly and capitalize on the growing demand for rare earth elements.
- 100% ownership of the Wolverine REE Project
- Location: Central Labrador, Canada
- Royalty-free project status
- Supports SAGA’s focus on critical minerals
Why it matters: This acquisition not only strengthens SAGA’s position but also aids in meeting global demands for critical minerals essential for technology and sustainability.
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