Mr. Ben Pullinger reports

ATEX ANNOUNCES APPOINTMENT OF RICK MCCREARY TO BOARD OF DIRECTORS

Rick McCreary has joined Atex Resources Inc.'s board of directors, effective immediately. Concurrently, Dr. Raymond Jannas is retiring from the board to allow for Mr. McCreary's appointment.

Craig Nelsen, chairman of Atex's board of directors, commented: "Rick is a leading figure in the mining industry with over 35 years of experience in capital markets, strategy, corporate development, mergers and acquisitions, engineering, and exploration. His extensive knowledge, experience and relationships will be a key asset for Atex as the company executes on its future growth initiatives. We are excited to welcome him as part of our board and team. Additionally, we extend our sincerest gratitude to Raymond, who has contributed significantly to the growth of Atex to where it is today. Dr. Jannas will continue in his role as strategic adviser to the board."

Mr. McCreary will be retiring from his role as deputy chair at TD Securities on Nov. 29, 2024, where he has focused on senior client relationship development with executives and boards of directors leveraging his four decades of experience in both executive and investment banking roles in the mining sector. On the corporate side, Mr. McCreary started his career with Gulf Canada as a geophysicist, later working with the Noranda-Falconbridge Group in engineering, technology development and metals marketing, and most recently as senior vice-president, corporate development, with Barrick Gold, where he led over $1.5-billion (U.S.) in non-core asset divestitures. Prior to TD, Mr. McCreary's most recent investment banking role was head of Canadian Imperial Bank of Commerce's global mining investment banking group. During his career, Mr. McCreary has acted as principal or lead financial adviser in marquee transactions for Noranda, Falconbridge, Rio Tinto, BHP, Teck, Lundin Group, Aur, Inmet, Ivanhoe, Hudbay Minerals, Equinox, Quadra, Baffinland, Dominion Diamond, Noront, Placer Dome, Barrick Gold, African Barrick Gold (Acacia), Goldcorp, Kinross, Franco-Nevada, Iamgold, Evolution, Northern Star and Orezone. Mr. McCreary holds an MBA in finance and strategy from McGill University, and an MSc and a BSc (honours) in geological engineering from Queen's University.

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 (CuEq) (0.50 per cent copper (Cu), 0.20 gram per tonne (g/t) gold (Au), 0.96 g/t silver (Ag) and 63.80 g/t molybdenum (Mo)), 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), as reported by Atex on Sept. 12, 2023 (1).

(1) Please see the 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, filed on SEDAR+ on Oct. 25, 2023, for additional details on the 2023 mineral resource estimate for the Valeriano project.

We seek Safe Harbor.