Mr. Mathieu Stephens reports

NEOTERREX ANNOUNCES MANAGEMENT APPOINTMENTS

Subject to the acceptance of the TSX Venture Exchange, Neoterrex Minerals Inc. has appointed Faycal Salek, CPA, as chief financial officer and Dale Burstall, a director of the company, as corporate secretary, effective today.

Vatche Tchakmakian advised the company of his intention to retire and has stepped down from his position as CFO and corporate secretary.

"On behalf of the board and management, I would like to sincerely thank Vatche for his significant contributions to Neoterrex since its inception and for his dedication and service over the years," stated Mathieu Stephens, president and chief executive officer of Neoterrex. "We wish him all the best in his retirement and greatly appreciate his continued support during the transition," stated Mr. Stephens, president and chief executive officer.

Mr. Stephens added: "I am very pleased to welcome Faycal as our new CFO. His extensive experience working with Canadian public companies, particularly in financial reporting, securities regulation and corporate governance, will be a valuable addition to Neoterrex as we accelerate the advancement of the company's portfolio of mineral exploration projects."

Faycal Salek -- professional biography

Mr. Salek is a chartered professional accountant with over 20 years of experience as a CFO and financial adviser to public and growth-stage companies. He specializes in Canadian public companies, securities regulations, international financial reporting standard reporting and corporate governance, and has served as CFO of several public companies.

From 2002 to 2011, he managed audit and advisory engagements at Petrie Raymond Sencrl, a regional accounting firm, including for mining companies, and, from 2016 to 2018, served as assistant director of professional inspection at the Quebec CPA Order.

Since 2012, he has operated an independent fractional CFO practice, advising public and private companies, including companies in the mineral exploration and mining sectors.

Mr. Salek received his bachelor of business administration in accounting from the Ecole des Hautes Etudes Commerciales in Montreal, Que., and obtained his CPA designation in 2004.

About Neoterrex Minerals Inc.

Neoterrex is a Canadian exploration company focused on advancing critical mineral and precious metal projects in Quebec. The company is actively exploring its portfolio of tungsten, copper, gold and rare earth element projects with the objective of creating shareholder value through discovery and development.

We seek Safe Harbor.