File: '\\swfile\EmailIn\20260209 090145 Attachment CRITICAL News Release for Early Warning Report for Eric Boehnke for issuance of units on January 12, 2026.docx'

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Eric Boehnke Files Early Warning Report

Acquisition

VANCOUVER, BRITISH COLUMBIA - February 9, 2026 - Eric Boehnke (the "Acquiror") announces that effective January 12, 2026, he acquired ownership of 500,000 units (each, a "Unit") of Critical Elements Exploration Corp. (the "Company"), directly, at a price of $0.02 per Unit in settlement of outstanding debt in the amount of $10,000 (the "Transaction"). Each Unit consists of one common share (each, a "Share") and one Share purchase warrant (each, a "Warrant"). Each Warrant is exercisable into one additional Share (each, a "Warrant Share") at an exercise price of $0.02 per Warrant Share for a period of two years from the date of issuance of the Units.

Prior to the Transaction, the Acquiror directly and indirectly owned and controlled an aggregate of:

1,750,000 Shares held indirectly through Big Sky, and

1,750,000 Shares issuable on exercise of the Warrants held indirectly through Big Sky,

which represents 5.95% of the 29,419,751 issued and outstanding Shares as of January 11, 2026, the date prior to the issuance of the Units, on a non-diluted basis. If the Acquiror were to exercise the Warrants, the Acquiror will directly and indirectly own and control 3,500,000 Shares or 11.23% of the issued and outstanding Shares, based on 31,169,751 Shares on January 11, 2026, which consists of 29,419,751 Shares issued and outstanding and 1,750,000 Warrant Shares that may be acquired on exercise of the Warrants, on a partially-diluted basis.

Following the Transaction, the Acquiror directly and indirectly owns and controls an aggregate of:

500,000 Shares held directly;

1,750,000 Shares held indirectly through Big Sky,

500,000 Shares issuable on exercise of the Warrants held directly; and

1,750,000 Shares issuable on exercise of the Warrants held indirectly through Big Sky,

which represents 7.52% of the 29,919,751 issued and outstanding Shares as of January 12, 2026, the date of the issuance of the Units, on a non-diluted basis. If the Acquiror were to exercise the Warrants, the Acquiror will directly and indirectly own and control 4,500,000 Shares or 13.99% of the issued and outstanding Shares, based on 32,169,751 Shares on January 12, 2026, which consists of 29,919,751 Shares issued and outstanding and 2,250,000 Warrant Shares that may be acquired on exercise of the Warrants, on a partially-diluted basis.

The Acquiror has filed an Early Warning Report pursuant to National Instrument 62-103F1 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues describing the above transaction with the applicable securities regulatory authorities. A copy of the Early Warning Report is available on SEDAR+ at www.sedarplus.ca under the profile of the Company.

"Eric Boehnke"

Eric Boehnke

Tel: 604-307-4274