File: Attachment CuEx - News Release re 10_1 Consolidation - 24Aug26.pdf

COPPEREX RESOURCES CORP. Suite 1020, 800 West Pender Street Vancouver, BC, V6C 2V6

Tel: +1 (604) 646-4527

COPPEREX ANNOUNCES BOARD APPROVAL OF SHARE CONSOLIDATION

August 24, 2026 TSXV: CUEX

Vancouver, British Columbia COPPEREX RESOURCES CORP. (CUEX) (the "Company") is pleased to announce that the Board of Directors of the Company has approved a consolidation of its issued and outstanding share capital on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share (the "Consolidation"). The Company currently has 31,833,014 common shares issued and outstanding and will have 3,183,301 common shares issued and outstanding immediately following the Consolidation. The Company is completing the Consolidation to better position its capital structure for future corporate opportunities and potential financing activities. The Consolidation remains subject to TSX Venture Exchange approval.

Further details will be provided upon acceptance of the Consolidation by the TSX Venture Exchange. The Company will not change its name or current stock symbol "CUEX" but will obtain new CUSIP and ISIN numbers for its common shares in connection with the Consolidation.

On behalf of the Board of Directors

CopperEx Resources Corp. Mark Tommasi Director & Interim Chief Executive Officer

For further information contact:

Mttommasi@gmail.com +1 (604) 318-1448

About CopperEx Resources Corp.

CopperEx is engaged in copper and gold exploration primarily in Peru. Through its wholly owned Peruvian subsidiary, it controls the La Rica property located in central-southern Peru.

Cautionary Note.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, - 2 -

this press release contains forward looking statements concerning the Company's board and management. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks, and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors, and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.