Origen closes $478,875 first tranche of financing

Mr. Gary Schellenberg reports ORIGEN CLOSES FIRST TRANCHE OF FINANCING Origen Resources Inc. has closed the first tranche of its non-brokered private placement, raising a total of $478,875. The company issued 9,577,500 units at a price of five cents per unit for gross proceeds of $478,875. Each unit comprises one share and one-half share purchase warrant. Each warrant entitles the holder to acquire one additional share in the capital of the company at a price of 7.5 cents per share for a period of 18 months from the date of issuance. The company's July 23, 2025, news release inadvertently referred to the unit financing with a full warrant; however, the financing includes only a one-half warrant. Origen expects to close the second and final tranche of the financing shortly. The company paid finders' fees totalling $4,550 in connection with this portion of the financing to eligible arm's-length finders in accordance with Canadian Securities Exchange policies and applicable securities laws. All securities issued in connection with the financing were issued pursuant to one or more prospectus exemptions available to the company, and are subject to a statutory hold period of four months and one day from the date of issuance as required under applicable securities laws. Closing of the first tranche of the financing was subject to customary closing conditions that include applicable CSE filings and approvals. The net proceeds of the offering will be used for general working capital, including certain payments of outstanding management fees, and exploration expenditures. Certain insiders of the company purchased units under the financing, which participation constituted a related-party transaction, as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The issuance of units to insiders is exempt from the formal valuation requirements of Section 5.4 of MI 61-101, pursuant to Subsection 5.5(a) of MI 61-101, and exempt from the minority shareholder approval requirements of Section 5.6 of MI 61-101, pursuant to Subsection 5.7(1)(a) of MI 61-101. About Origen Resources Inc. Origen is fully focused on its 100-per-cent interest in the Los Sapitos lithium project in Argentina and its 100-per-cent-owned gold-silver Wishbone project in the Golden Triangle of British Columbia, along with a property portfolio of three 100-per-cent-owned precious and base metal projects in Southern British Columbia. Thomas Hawkins, PGeo, a director of the company and a qualified person, as that term is defined in National Instrument 43-101, has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release. We seek Safe Harbor.