Eagle Plains Secures Shareholder Backing for Board Renewal and Strategic Expansion

Eagle Plains Resources Ltd. (TSX-V: EPL)(OTCQB: EGPLF) has successfully navigated its Annual and Special Meeting held December 19, 2025, with shareholders ratifying all proposed resolutions at the Company’s headquarters in Cranbrook, British Columbia. The decisive endorsement provides renewed momentum for the junior mining exploration firm as it advances its diversified portfolio across western Canada.

Board Strengthened with New Directorial Leadership

The Company’s slate of directors—including newly elected Paul Reynolds alongside returning board members Charles C. (Chuck) Downie, Timothy J. Termuende, Jesse T. Campbell, Glen J. Diduck, and William R. (Bill) Bennett—received overwhelming shareholder support. This directorial configuration positions Eagle Plains to continue executing its strategic acquisition and exploration mandate across critical mineral properties in British Columbia, Saskatchewan, and Yukon.

Additionally, shareholders appointed Crowe MacKay LLP as auditors and greenlit the renewal of the Company’s Stock Option Plan, reinforcing the governance framework that has guided Eagle Plains through three decades of operations.

Financial Fortress Underpins Exploration Strategy

Eagle Plains’ balance sheet reflects considerable financial strength, with approximately $8.1 million in cash reserves, over $2.4 million deployed in strategic investments, and roughly $1.5 million in real estate and tangible assets. Notably, the Company operates debt-free, providing substantial flexibility for project development and opportunistic acquisitions—a competitive advantage in the junior exploration sector.

The Company’s financial discipline has enabled the deployment of over $39 million in exploration expenditures from 2010 through 2024, predominantly funded through strategic partnerships with third-party operators. This cumulative investment has yielded approximately 50,000 meters of diamond drilling and extensive surface-based exploration work advancing multiple assets across various development stages.

Subsidiary Revenue Streams and Diversified Exposure

TerraLogic Exploration Inc., Eagle Plains’ fully owned subsidiary, continues driving meaningful revenue through mineral exploration consulting services to external clients while channeling intellectual capital back into the parent Company’s project pipeline. This ancillary business model enhances overall financial performance while deepening technical expertise.

Beyond grassroots exploration, Eagle Plains has architected a track record of value transfer to shareholders, with notable spin-outs including Copper Canyon Resources and Taiga Gold Corp. The Company’s latest derivative, Eagle Royalties Ltd. (formerly CSE: ER), evolved through a reverse takeover transaction in October 2025 that resulted in the formation of Summit Royalties Ltd., now trading as SUM on TSX Venture Exchange.

Green Energy Division Expands Corporate Mandate

On October 2, 2024, Eagle Plains established Osprey Power Inc. (OP), a wholly owned subsidiary positioned to capitalize on Canada’s clean energy transition. This division targets innovative clean energy project portfolios across Canadian markets, with initial operations concentrated in Western Canada, reflecting the Company’s commitment to emerging opportunities beyond traditional mineral exploration.

Forward-Looking Strategic Positioning

Founded in 1992, Eagle Plains ranks as the fourth-longest continuously listed company on the TSX-V without experiencing share consolidations or corporate restructurings—a testament to operational continuity and shareholder stewardship. The Company’s mission remains centered on identifying critical and precious metal properties in western Canada while maintaining community engagement and ethical business practices throughout the exploration lifecycle.

For further inquiries regarding Eagle Plains Resources, contact Mike Labach at 1-866-HUNT ORE (486-8673) or mgl@eagleplains.com. Visit the Company website for comprehensive project details and technical updates.

Cautionary Statement: This communication contains forward-looking statements regarding exploration timelines, mineral recovery methodologies, and project advancement. Actual results may materially differ from current expectations due to inherent risks and uncertainties. Neither the TSX Venture Exchange nor its Regulation Services Provider endorses the accuracy of this release.