Mr. Ben Pullinger reports

ATEX ANNOUNCES AGM RESULTS AND APPOINTMENT OF ADDITIONAL DIRECTOR

Atex Resources Inc. has released the results of its annual general and special meeting of its shareholders, held on-line on Friday, May 3, 2024. All of the motions set out in Atex's notice of annual general and special meeting and management information circular dated March 26, 2024, were overwhelmingly approved by Atex shareholders at the meeting as further described below. In addition, the company is pleased to announce that following the meeting, Ben Pullinger, who began his tenure as chief executive officer and president on May 1, 2024, was appointed to the board of directors.

The detailed voting results of the meeting are as follows:

• A total of 111,984,729 votes were cast by holders of Atex common shares, representing 56.75 per cent of the total outstanding shares.
• A total of 110,480,877 shares, representing 100 per cent of the votes cast, were voted in favour of setting the number of directors at five.
• Between 102,865,514 shares and 106,250,514 shares, representing between 96.80 per cent and 99.99 per cent of the votes cast, were voted in favour of the election of directors for the ensuing year as follows: Craig Nelsen: 99.99 per cent; Raymond Jannas: 99.99 per cent; Robert Suttie: 99.99 per cent; Alejandra Wood: 96.80 per cent; and Jamile Cruz: 99.99 per cent.
• A total of 111,974,729 shares, representing 99.99 per cent of the votes cast, were voted in favour of appointing McGovern Hurley LLP, chartered accountants, as the company's auditor for the ensuing year and to authorize the directors to fix its remuneration.
• A total of 102,730,104 shares, representing 96.68 per cent of the votes cast, were voted in favour of passing an ordinary resolution approving and ratifying the company's amended stock option plan for the ensuing year.
• A total of 102,733,146 shares, representing 96.68 per cent of the votes cast, were voted in favour of passing an ordinary resolution approving and ratifying the company's amended restricted share unit plan for the ensuing year.

About Atex Resources Inc.

Atex is exploring the Valeriano copper-gold project, which is located within the emerging copper-gold porphyry mineral belt linking the prolific El Indio high-sulphidation belt to the south with the Maricunga gold porphyry belt to the north. This emerging belt, informally referred to as the Link belt, hosts several copper-gold porphyry deposits at various stages of development, including: Filo del Sol (Filo Mining), Josemaria (Lundin Mining), Los Helados (NGEx Minerals/JX Nippon), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick Gold).

Valeriano hosts a large copper-gold porphyry resource: 1.41 billion tonnes at 0.67 per cent copper equivalent (0.50 per cent copper, 0.20 gram per tonne gold, 0.96 g/t silver and 63.80 g/t molybdenum), which includes a higher-grade core totalling 200 million tonnes at 0.84 per cent CuEq (0.62 per cent Cu, 0.29 g/t Au, 1.25 g/t Ag and 55.7 g/t Mo), reported in September, 2023 (1).

(1) Please see National Instrument 43-101 technical report titled "Independent Technical Report for the Valeriano Copper-Gold Project, Atacama Region, Chile," by Joled Nur, CCCRRM-Chile, and David Hopper, CGeol, with an effective date of Sept. 1, 2023, available at SEDAR+ and the Atex website for additional details on the 2023 mineral resource estimate for the Valeriano project.

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