ORIGEN RESOURCES INC - OGGNF STOCK NEWS

Origen Resources has signed a letter agreement with Equity Metals regarding the Arlington Property in British Columbia's Boundary District. Under the agreement, Equity can acquire 100% interest by making cash payments of $130,000, incurring exploration expenditures of $250,000, and issuing shares valued at $400,000 total within the first anniversary of Regulatory Approval. Origen will retain a 2% net smelter royalty, of which Equity may purchase 1% for $1,000,000. The previous option agreement with Nickelex Resource has been terminated.

Origen Resources (CSE: ORGN) provides a correction regarding the control person vote at today's Annual General and Special Meeting. The company hasn't received a signed subscription agreement from Integra Capital Business, pending additional requests related to the Los Sapitos Lithium Project in Argentina. The control person vote will be submitted as an advisory vote. Current proxy votes show 100% approval for all resolutions. Additionally, Lawrence Cheung will replace Natasha Tsai as CFO effective October 25, 2024. Cheung, a Controller at Malaspina Consultants, brings experience from PwC and holds CPA designation.

Origen Resources provides an update regarding the upcoming AGSM vote for change of control approval scheduled for October 25, 2024. The company has not yet received a signed subscription form but expects it in the coming days, with today's vote being considered advisory. Lawrence Cheung will be appointed as the new CFO, replacing Natasha Tsai effective October 25, 2024. Cheung, a Controller at Malaspina Consultants Inc., brings experience from PwC and holds a Bachelor of Commerce from UBC along with CPA designation.

Origen Resources Inc. (CSE: ORGN) has announced ongoing discussions with a strategic investor for a significant investment that could result in a change of control. The proposed investment terms, agreed upon by September 27, 2024, involve $3,000,000 at $0.06 per share in two tranches. Origen included a 'control person vote' resolution in its October 25, 2024 annual general meeting circular, anticipating the subscription agreement's signing. However, the agreement remains unsigned due to delays from the investor.

The company completed mailing shareholder meeting materials on October 4, 2024, and has posted them on SEDAR+. Shareholders are advised to monitor Origen's news releases for updates on this strategic investment before voting. The company emphasizes that there are no assurances the subscription agreement will be signed on the agreed terms or at all.

Origen Resources Inc. (CSE: ORGN) has initiated exploration on its 100% owned Wishbone Property in British Columbia's Golden Triangle. The property, adjacent to Teck and Newmont's Galore Creek project, boasts high-grade gold and silver potential. Key highlights include:

- Gold in soil samples up to 8.5 ppm
- Rock grab samples exceeding 100 ppm gold
- 9 km strike of gold and silver-rich surface samples

The 2024 work program will focus on soil sampling along the 'Windy Target' and prospecting newly exposed areas around the 'Central Glacier'. Previous drilling in 1987 intersected gold in veins, with one interval returning 7.7 metres of 3.2 ppm gold. Recent samples from glacier-edge boulders yielded 203 ppm and 175.5 ppm gold, with the source yet to be identified.

Origen Resources has completed the sale of its LGM Project, located in the Golden Triangle of northern British Columbia, to Kingfisher Metals Corp. This transaction was previously announced on June 6, 2024. Kingfisher has transferred 3,000,000 common shares to Origen and made a cash payment of C$75,000. The LGM Project is adjacent to Kingfisher's HWY 37 project, enhancing a combined land package to 630 km² in a mineral-rich region. The sale marks a strategic milestone for Origen, positioning it as a significant equity partner in a major exploration area, thus enhancing shareholder value.

Origen Resources has entered a definitive agreement to sell a 100% interest in its LGM project to Kingfisher Metals. The sale will combine the LGM project with Kingfisher’s adjacent HWY 37 project, creating a dominant 630 km2 land package in the highly mineralized Golden Triangle region of British Columbia. As part of the agreement, Kingfisher will issue 3 million common shares and pay $75,000 to Origen. The transaction is subject to regulatory approvals and terms outlined in the agreement. Origen positions itself as a significant equity partner in this new venture, potentially benefiting from Kingfisher's exploration activities.

Origen Resources Inc. enters into an agreement to sell 100% interest in the Arlington Project to Nickelex Resources The agreement includes cash payments, exploration expenditures, share issuances, and royalty terms. Origen also grants incentive stock options to its officers, directors, advisors, and consultants. The company aims to monetize assets and support project advancement.

Origen Resources Inc. provides a strategy update on its portfolio of lithium, gold, and copper properties in Argentina, Newfoundland, and British Columbia. The company aims to maximize shareholder value by exploring monetization options for its assets. Key projects include Wishbone, Los Sapitos, Newfoundland Lithium, LGM, Bonanza, Broken Handle, and Arlington, each with promising exploration results and potential for significant mineralization.