File: '\\swfile\EmailIn\20260506 172449 Attachment TGX - Press Release May 6, 2026.docx'

2

TGX ENERGY & RESOURCES INC.

Suite 1600, 409 Granville Street

Vancouver, BC, V6C 1T2

TGX Appoints New Director and Chief Executive Officer

Vancouver, BC - May 6, 2026 -TGX Energy & Resources Inc. (TSXV: TGX, the "Company") is pleased to announce the appointment of Sebastian Lowes to its Board of Directors as an additional member and further that Mr. Lowes has been appointed Chief Executive Officer, succeeding M. Bilal Bhamji.

Mr. Lowes is a corporate and securities lawyer with extensive experience in Canadian capital markets, with a particular focus on the mining and natural resources sector. He has advised on a wide range of complex transactions, including a $555.5 million initial public offering and multiple business combinations involving publicly listed issuers. Mr. Lowes' background in structuring and executing capital markets transactions is expected to support the Company's strategic growth initiatives.

"I am excited to join TGX at this stage of its development," said Mr. Lowes. "I look forward to working with the team to identify and source additional high-quality properties to expand the Company's portfolio, while also supporting its capital markets initiatives and access to growth capital."

The Company would like to thank Mr. Bhamji for his service and leadership as Chief Executive Officer and wishes him well in his future endeavours.

On behalf of the Board of Directors of TGX Energy & Resources Inc.

"/s/M. Bilal Bhamji"

Director

For further information, contact:

Email: tgxEnergyandRes@gmail.com

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

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.