File: '\\swfile\EmailIn\20260727 053011 Attachment 26-07-26 NXU NR Receipt of Partial Revocation Order.docx'

NEXCO RESOURCES INC.

#750 - 1095 West Pender Street

Vancouver, British Columbia V6E 2M6

Telephone: 778-938-3367

Nexco Resources Inc. Announces Partial Revocation of Failure-to-File Cease Trade Order

Vancouver, British Columbia, July 27, 2026 - Nexco Resources Inc. (the "Company" or "Nexco") (CSE: NXU) announces that, further to its press release of March 2, 2026, the British Columbia Securities Commission (the "BCSC") granted a partial revocation (the "Partial Revocation Order") of the failure-to-file cease trade order (the "FFCTO") issued by the BCSC against the Company on March 4, 2025. The Partial Revocation Order permits the Company to complete the non-brokered private placement (the "Private Placement") contemplated by the Company's March 2, 2026 press release for the purpose of raising funds to prepare and file its outstanding continuous disclosure documents and to apply for a full revocation of the FFCTO.

Voluntary Lock-Up

In addition to the Private Placement terms previously proposed the common shares issued under the Private Placement will be subject to a voluntary contractual lock-up (the "Lock-Up"). Under the Lock-Up, the common shares will be released from the Lock-Up in accordance with the following schedule, calculated from the date on which the FFCTO is fully revoked: 25% after three months; an additional 25% after six months; an additional 25% after nine months; and the final 25% after twelve months. The Lock-Up is in addition to, and does not replace or shorten, the applicable statutory hold period .

The Company expects that its directors, officers, principal shareholders and control persons will remain the same following completion of the Private Placement. Certain insiders of the Company may acquire common shares pursuant to the Private Placement. Any participation by insiders in the Private Placement would constitute a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the common shares subscribed for by the insiders, nor the consideration paid by such insiders, would exceed 25% of the Company's market capitalization.

There can be no assurances that the Private Placement will be completed on the terms set out herein, or at all, or that the proceeds of the Private Placement will be sufficient for the purposes of the Company.

ON BEHALF OF THE BOARD

Zayn Kalyan, Chief Executive Officer

Telephone: 778-938-3367

Email: zayn@altuscapital.ca

About Nexco Resources Inc.

Nexco Resources Inc. is a Canadian mineral exploration company headquartered in Vancouver, British Columbia.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements implied by such statements. In particular, this news release contains forward-looking information regarding the completion of the Private Placement, the completion of the filings in default, and the application for and grant of a full revocation of the FFCTO by the BCSC. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. These assumptions include, but are not limited to: market demand for and market acceptance of the Private Placement; and the Private Placement and the Company's use of proceeds proceeding as intended. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control, including the risk that the Company is unable to raise sufficient proceeds under the Private Placement and the risk that the Company is not able to use the proceeds from the Private Placement as anticipated by management.

Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or to revise them to reflect the occurrence of future unanticipated events.