Mr. Jean-Felix Lepage reports

LUX METALS CORP. ANNOUNCES LEADERSHIP TRANSITION; KIM QUYEN NGUYEN APPOINTED PRESIDENT AND CHIEF EXECUTIVE OFFICER

Lux Metals Corp. has appointed Kim-Quyen Nguyen president and chief executive officer, and a member of the board of directors, effective July 27th, 2026.

Carl Ginn, chief executive officer and director of the company, will be stepping down as president, chief executive officer and director of the company effective July 27, 2026. The board thanks Mr. Ginn for his valuable service and contributions to the company and looks forward to Kim's leadership as the company advances its strategic objectives.

Mrs. Nguyen has over 15 years of experience in mining operations, and project management. She has led numerous NI 43-101 technical studies. She holds a bachelor's degree in material engineering and an MBA. Over the past few years, she has held several management positions on various projects at Osisko Mining and was more recently chief operating officer at Winsome Resources.

Concurrently, the board has elected Jean-Felix Lepage as the chair of the board, effective July 27, 2026. Mr. Lepage is the chief executive officer of Sirios Resources and a member of the corporation's board of directors since September, 2025.

About Lux Metals Corp.

Lux Metals is a Canadian mineral exploration company focused on advancing its flagship La Grande gold project in Quebec's James Bay region. The project hosts the high-grade Zone 32 gold system with extensive historic drilling, year-round infrastructure access and district-scale exploration potential.

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