Mr. Christopher Hill reports

AXION MINERALS ANNOUNCES RECEIPT OF PROSPECTUS AND CANADIAN SECURITIES EXCHANGE LISTING DATE

Axion Minerals Corp. has obtained a receipt for its final long form prospectus dated July 3, 2026, from the British Columbia Securities Commission. The common shares of the company have been approved for listing on the Canadian Securities Exchange and are expected to commence trading on the CSE at the market open on July 24, 2026, under the trading symbol AXN.

The prospectus qualified the distribution of 1,158,500 units of the company, which were issued on July 9, 2026, upon the automatic exercise of 1,158,500 previously issued special warrants of the company, for no additional consideration and without any further action on the part of the holders thereof. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at an exercise price of 20 cents per common share at any time on or before 4 p.m. Vancouver time on the first business day that is 24 months after July 9, 2026. No securities were offered and no proceeds were raised under the prospectus.

"Listing on the CSE is an exciting milestone for our team and provides Axion with a strong platform to pursue the significant opportunity we see at Cranberry Creek," said Christopher Hill, chief executive officer of Axion Minerals. "As demand for critical minerals continues to grow, we believe the company is well positioned to explore and unlock the potential of this highly prospective property while building long-term value for our shareholders."

For more information, please refer to the prospectus available on the company's SEDAR+ profile.

About Axion Minerals Corp.

Axion Minerals is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic mineral properties of merit and to conduct its exploration program on the Cranberry Creek REE (rare earth element) property, which comprises three contiguous mineral claims covering approximately 2,673.19 hectares in the Kamloops mining division, British Columbia.

We seek Safe Harbor.