Mr. Mathieu Stephens reports

NEOTERREX MINERALS ANNOUNCES CLOSING OF $500,000 PRIVATE PLACEMENT WITH SIDEX AND NQ MINING INVESTMENT

Neoterrex Minerals Inc. has completed a non-brokered private placement by issuing two million units of the company at a price of 25 cents per unit for gross proceeds of $500,000. Each unit consists of one common share and one-half of a common share purchase warrant exercisable for a period of 24 months from the date the units are issued at a price of 40 cents per share. There are no finders' fees paid in connection with the private placement, and the units are subject to a four-month-and-one-day hold period. The company has paid to the subscribers a total of $20,000 in administrative fees in connection with the private placement. The private placement is subject to the final approval of the TSX Venture Exchange.

The entirety of the proceeds of the private placement will be used for exploration on the company's critical metal projects in Quebec, including its Strange Lake West project.

The company is very pleased to receive the support of Quebec-based Sidex Limited Partnership and NQ Mining Investment, which each contributed $250,000 in the private placement.

"We are extremely pleased with the recognition and support provided to Neoterrex by Sidex and NQMI," said Mathieu Stephens, president and chief executive officer of Neoterrex. "Their investment follows a rigorous selection process, which we believe validates the potential of the company's critical metal projects."

About Neoterrex Minerals Inc.

Neoterrex's projects are located in Quebec, a province recognized for its exceptional infrastructure, supportive regulatory framework and growing importance within the North American critical mineral supply chain. With a portfolio of well-positioned assets, Neoterrex is strategically aligned to capitalize on the accelerating demand for rare earth elements and other key materials essential to the defence industry and clean energy transition.

We seek Safe Harbor.