File: '\\swfile\EmailIn\20260922 030033 Attachment REE_NR_2026 CEO change.docx'

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TSX-V: REE | FSE: K2I0

Rareearthexploration.com

NEWS RELEASE

ReeXploration Announces CEO and Director Change

HALIFAX, NS - September 22, 2026 - ReeXploration Inc. (TSX-V:REE) (FSE:K2I0) ("ReeXploration" or the "Company") today announced a change in its executive leadership and board of directors. Christopher Drysdale has resigned as Chief Executive Officer and a director of the Company, effective immediately. The board of directors of the Company (the "Board") has appointed Brenan Isabelle as Chief Executive Officer and a director of the Company.

"On behalf of the Board, we thank Christopher for his contributions to ReeXploration, and we wish him well in his future endeavours. We are pleased to welcome Brenan Isabelle as Chief Executive Officer. Brenan's capital markets and business development experience will be an asset as ReeXploration continues to evaluate its Eureka Project and examines new opportunities," said Carl Sheppard, a director of ReeXploration.

About Brenan Isabelle

Mr. Isabelle has more than 10 years of experience in capital markets and early-stage companies as an investor, sales leader and founder. He was Vice President, Corporate Development at Numus Financial Inc. and a dealing representative at Numus Capital Corp., a former registered exempt market dealer. Principals of Numus have completed public and private market transactions valued at over $2 billion. Earlier in 2026, Mr. Isabelle led the $4.8 million investment and public listing of Aitenders (CSE:BIDS), where he serves as Chair of the Board. He holds a Master of Business Administration from Dalhousie University.

About ReeXploration Inc.

ReeXploration (TSXV:REE) (FSE:K2I0) is a Canadian exploration company positioned to help meet surging global demand for secure, responsible supplies of critical minerals essential to the clean energy transition, advanced technologies and national defence. The Company's Eureka Project in central Namibia pairs a rare earth foundation - supported by the production of a clean monazite concentrate - with a high-priority uranium target located within one an established uranium corridors. Together, these commodities provide multi-path discovery potential aligned with accelerating global efforts to diversify critical mineral and nuclear fuel supply.

Caution Regarding-Forward Looking Information

This press release may contain forward-looking information. This information is based on current expectations and assumptions (including assumptions relating to general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. ReeXploration does not assume any obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to ReeXploration. Additional information identifying risks and uncertainties is contained in the filings made by ReeXploration with Canadian securities regulators, which filings are available at www.sedarplus.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further details are available on the Company's website at www.rareearthexploration.com or contact:

Brenan Isabelle, CEO of ReeXploration Inc.

1-902-212-1865

contact@rareearthexploration.com