File: Attachment Interconnect - News Release - Closing of Property Acquisition, Name Change, Private Placement and NEX Reactivation.pdf

Not for dissemination in the United States or for release to US news wire services

ERYXION RESOURCES CORP. (formerly Interconnect Ventures Corporation)

c/o Suite 900 885 West Georgia Street Vancouver, British Columbia V6C 3H1

Telephone: (965) 9988 5018

FOR IMMEDIATE RELEASE TSX-V symbol: ERXY

ERYXION ANNOUNCES CLOSING OF PROPERTY ACQUISITION, NAME CHANGE, PRIVATE PLACEMENT AND

REACTIVATION ON TSX VENTURE EXCHANGE

November 9, 2026 - Vancouver, BC Eryxion Resources Corp. (formerly Interconnect Ventures Corporation) (TSX-V:ERXY) (the "Company") announces that, further to its news release of May 29, 2026, it has satisfied the requirements of the TSX Venture Exchange (the "Exchange") for reactivation as a Tier 2 Mining Issuer from the NEX (the "Reactivation"). The Reactivation was undertaken in connection with the acquisition by the Company (the "Acquisition") of an undivided 100% interest in four (4) mineral claims (the "Property") located in northern Vancouver Island, British Columbia from Mammoth Geological Ltd. and R. Timothy Henneberry (collectively, the "Vendors"), pursuant to the terms of a mineral property purchase agreement dated May 29, 2026 (the "Purchase Agreement'). The Company closed the Acquisition on November 9, 2026 and paid $45,000 to the Vendors in consideration for the Property. An independent technical report dated August 17, 2026 prepared by Warren Robb, P.Geo., titled "Technical Report - Ellen Property Located in the Sayward Area of Vancouver Island" has been filed on the Company's SEDAR+ profile at www.sedarplus.ca.

Name Change

In connection with the Reactivation, the Company changed its name and ticker from "Interconnect Ventures Corporation" (IVC.H) to "Eryxion Resources Corp." (ERXY) effective November 11, 2026. The new ISIN and CUSIP of the Company was changed to CA29606E1060 and 29606E106, respectively.

Accordingly, the common shares of the Company will resume trading at the market open on November 11, 2026, and the Company will transition from the NEX board to become a Tier 2 Mining issuer on the Exchange.

Private Placement

The Company also announces that it has closed its previously announced non-brokered private placement offering (the "Offering") of 10,000,000 units (each, a "Unit") issued at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit is comprised of one common share and one share purchase warrant (each, a "Warrant"). Each Warrant shall entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.05 per share for a period of five (5) years from the date of issuance.

Net proceeds from the Offering will be used to pay for exploration work on the Property and general working capital purposes. A portion of the net proceeds was used to satisfy amounts payable under the Purchase Agreement and to pay for expenses associated with the approval of the Reactivation and related transactions.

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No finder's fees were paid in connection with the Offering and no insiders participated in the Offering. The securities issued pursuant to the Offering will be subject to a hold period under applicable securities laws, which will expire four months plus one day from the date of closing of the Offering.

The securities issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation, or sale would be unlawful.

ON BEHALF OF THE BOARD OF DIRECTORS

"Eyad Al Saleh"

Dr. Eyad Al Saleh Director, Chairman and Chief Executive Officer

For further information, please contact: Dr. Eyad Al Saleh T: 965.6900.6682 E: r.jabbour@interconnect-ventures.com

Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include statements about the Acquisition, Reactivation, Offering and Name Change. These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, the proposed use of proceeds of the Offering and the anticipated exploration work on its properties. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. The Company cannot assure that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. These forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and the Company does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, readers should not place undue reliance on forward-looking statements.

The Exchange has not reviewed and has neither approved nor disapproved the contents of this press release. Neither the Exchange nor its Regulation Services Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

28577802.3

File: '\\swfile\EmailIn\20261109 103423 Attachment Interconnect - News Release - Closing of Property Acquisition, Name Change, Private Placement and NEX Reactivation.docx'

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28577802.3

Not for dissemination in the United States or for release to US news wire services

28577802.3

ERYXION RESOURCES CORP.

(formerly Interconnect Ventures Corporation)

c/o Suite 900 - 885 West Georgia Street

Vancouver, British Columbia V6C 3H1

Telephone: (965) 9988 5018

FOR IMMEDIATE RELEASE TSX-V symbol: ERXY

ERYXION ANNOUNCES CLOSING OF

PROPERTY ACQUISITION, NAME CHANGE, PRIVATE PLACEMENT AND

REACTIVATION ON TSX VENTURE EXCHANGE

November 9, 2026 - Vancouver, BC - Eryxion Resources Corp. (formerly Interconnect Ventures Corporation) (TSX-V:ERXY) (the "Company") announces that, further to its news release of May 29, 2026, it has satisfied the requirements of the TSX Venture Exchange (the "Exchange") for reactivation as a Tier 2 Mining Issuer from the NEX (the "Reactivation"). The Reactivation was undertaken in connection with the acquisition by the Company (the "Acquisition") of an undivided 100% interest in four (4) mineral claims (the "Property") located in northern Vancouver Island, British Columbia from Mammoth Geological Ltd. and R. Timothy Henneberry (collectively, the "Vendors"), pursuant to the terms of a mineral property purchase agreement dated May 29, 2026 (the "Purchase Agreement'). The Company closed the Acquisition on November 9, 2026 and paid $45,000 to the Vendors in consideration for the Property. An independent technical report dated August 17, 2026 prepared by Warren Robb, P.Geo., titled "Technical Report - Ellen Property Located in the Sayward Area of Vancouver Island" has been filed on the Company's SEDAR+ profile at www.sedarplus.ca.

Name Change

In connection with the Reactivation, the Company changed its name and ticker from "Interconnect Ventures Corporation" (IVC.H) to "Eryxion Resources Corp." (ERXY) effective November 11, 2026. The new ISIN and CUSIP of the Company was changed to CA29606E1060 and 29606E106, respectively.

Accordingly, the common shares of the Company will resume trading at the market open on November 11, 2026, and the Company will transition from the NEX board to become a Tier 2 Mining issuer on the Exchange.

Private Placement

The Company also announces that it has closed its previously announced non-brokered private placement offering (the "Offering") of 10,000,000 units (each, a "Unit") issued at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit is comprised of one common share and one share purchase warrant (each, a "Warrant"). Each Warrant shall entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.05 per share for a period of five (5) years from the date of issuance.

Net proceeds from the Offering will be used to pay for exploration work on the Property and general working capital purposes. A portion of the net proceeds was used to satisfy amounts payable under the Purchase Agreement and to pay for expenses associated with the approval of the Reactivation and related transactions.

No finder's fees were paid in connection with the Offering and no insiders participated in the Offering. The securities issued pursuant to the Offering will be subject to a hold period under applicable securities laws, which will expire four months plus one day from the date of closing of the Offering.

The securities issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation, or sale would be unlawful.

ON BEHALF OF THE BOARD OF DIRECTORS

"Eyad Al Saleh"

Dr. Eyad Al Saleh

Director, Chairman and Chief Executive Officer

For further information, please contact:

Dr. Eyad Al Saleh

T: 965.6900.6682

E: r.jabbour@interconnect-ventures.com

Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include statements about the Acquisition, Reactivation, Offering and Name Change. These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, the proposed use of proceeds of the Offering and the anticipated exploration work on its properties. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. The Company cannot assure that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. These forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and the Company does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, readers should not place undue reliance on forward-looking statements.

The Exchange has not reviewed and has neither approved nor disapproved the contents of this press release. Neither the Exchange nor its Regulation Services Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.