Origen sells Wishbone project for $1 million equity

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2026) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company" or "Origen") is pleased to announce that it has entered into an agreement with 1600292 BC Ltd. (the "Purchaser"), a private British Columbia company, for the sale of Origen's 100% interest in the Wishbone Gold-Silver Project ("Wishbone"), located in British Columbia's Golden Triangle.

Under the proposed transaction, Origen will receive $1,000,000 in common shares of the Purchaser and be granted a 1% Net Smelter Return ("NSR") . The shares will be issued immediately prior to the Purchaser completing its anticipated initial public offering ("IPO") and will be valued based upon the price established in connection with the IPO.

The transaction provides Origen with the opportunity to realize value from Wishbone while maintaining indirect exposure to the Property and its future advancement through its equity interest in the Purchaser.

"Wishbone has developed into a highly prospective gold-silver project with numerous exploration targets across a significant portion of the Property," states Gary Schellenberg, CEO of Origen. "This transaction provides Origen shareholders with a defined value for the Property while retaining exposure to its future potential through our shareholdings in the Purchaser. It also allows Wishbone to move forward within a company focused on advancing the project, while Origen continues to concentrate its resources on its core opportunities."

Transaction Terms

Under the terms currently contemplated:

The Purchaser will acquire a 100% interest in the Wishbone Project;

Origen will receive $1,000,000 worth of common shares of the Purchaser;

The shares will be issued immediately prior to completion of the Purchaser's anticipated IPO and valued at the IPO financing price;

The Purchaser will be required to complete its IPO within 11 months of execution of the definitive agreement;

Origen will be granted a 1% NSR in the project;

If the IPO has not been completed by July 31, 2027, the transaction will terminate;

Completion of the transaction will remain subject to applicable regulatory, corporate, and other approvals and conditions.

About the Wishbone Gold-Silver Project

The Wishbone Project comprises approximately 3,941 hectares in the heart of British Columbia's Golden Triangle and is located adjacent to the Galore Creek copper-gold project jointly owned by Teck Resources Limited and Newmont Corporation. The planned Galore Creek access route passes through the Wishbone Property.

Wishbone contains 11 identified target areas characterized by high-grade gold-silver quartz-carbonate vein mineralization as well as volcanogenic massive sulphide-style mineralization. Exploration has identified mineralization over a trend extending for more than 10 kilometres.

Historical and recent exploration has returned exceptional surface results, including grab and float samples containing up to approximately 6,700 g/t silver and 202.6 g/t gold.