Mr. Vikas Ranjan reports

VORTEX METAL ANNOUNCES UPSIZED $1.75 MILLION NON BROKERED PRIVATE PLACEMENT

Vortex Metals Inc. has applied for TSX Venture Exchange approval to increase the size of its previously announced private placement financing to 19,444,444 units at nine cents per unit for aggregate gross proceeds of up to $1.75-million.

As disclosed in the company news release dated April 11, 2024, each unit will comprise one common share in the capital of the company and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable by the holder thereof to acquire one additional common share for a period of 24 months from the date of issuance at a price of 13.5 cents per warrant share. All other terms relating to the private placement will remain the same as previously disclosed.

About Vortex Metals Inc.

Vortex Metals is the parent company of Mexican subsidiary Empresa Minera Acagold SA de CV, which is the owner of a 100-per-cent interest in two drill-ready, high-potential copper volcanogenic massive sulphide (VMS) properties (Riqueza Marina and Zaachila) in the state of Oaxaca and a third high-potential gold property (El Rescate) in the state of Puebla. The Oaxaca projects incorporate the most highly prospective areas of high-grade copper mineralized surface exposures (gossans) and prominent gravity anomalies along an emerging copper VMS belt that includes Minaurum Gold's Santa Marta project.

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