Mr. Vikas Ranjan reports

VORTEX METALS UPSIZES NON-BROKERED PRIVATE PLACEMENT TO $1,400,000 DUE TO INVESTOR DEMAND

Due to significant demand, Vortex Metals Inc. has increased the size of its previously announced non-brokered private placement of securities from up to 20 million units to up to 28 million units at a price of five cents per unit, resulting in aggregate gross proceeds of up to $1.4-million under the offering.

The company closed the first tranche of the offering on Aug. 11, 2026, through the issuance of 9.71 million units for gross proceeds of $485,500. The company intends to close a second tranche of up to 18.29 million units for gross proceeds of up to $914,500 by Oct. 24, 2026, in accordance with an extension granted by the TSX Venture Exchange.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional share for a period of 36 months from the date of issuance at an exercise price of six cents per share, subject to adjustment in certain events.

The expiry date of the warrants will be subject to acceleration such that, if, after 12 months from the date of issuance, the closing price of the shares on any Canadian stock exchange equals or exceeds 20 cents for 10 consecutive trading days, the company, within 15 business days of such event, shall be entitled to accelerate the expiry date of the warrants to a date that is 30 calendar days from the date that notice of such acceleration is given through news release by the company, with the new expiry date specified in such news release, any unexercised warrants shall automatically expire at the end of the accelerated exercise period.

The net proceeds from the offering will be used to advance exploration activities at the company's projects in Chile and Mexico, to pursue corporate development initiatives, and for general working capital.

The company may pay finders' fees comprising cash and non-transferable share purchase warrants in connection with the second tranche, subject to compliance with the policies of the TSX-V.

For more information on the offering, please refer to the company's news releases dated July 9, 2026, Aug. 11, 2026, and Aug. 20, 2026.

All securities issued under the offering will be subject to a hold period expiring four months and one day from the date of issuance in accordance with applicable securities laws. Completion of the offering and the payment of any finders' fees remain subject to receipt of further subscriptions and all necessary corporate and regulatory approvals, including the approval of the TSX-V.

About Vortex Metals Inc.

Vortex Metals is a copper-gold-focused exploration and development company with a diversified portfolio of exploration projects in Chile and Mexico. Vortex holds an option to acquire up to an 80-per-cent interest in the brownfield Illapel copper project in Chile and, through its Mexican subsidiary Empresa Minera Acagold SA de CV, owns a 100-per-cent interest in two drill-ready, high-potential copper-gold volcanogenic massive sulphide (VMS) properties, Riqueza Marina and Zaachila, in Oaxaca, Mexico. The company emphasizes responsible exploration, community engagement and environmental stewardship to meet the rising global demand for copper sustainably.

Vortex is led by an experienced management and technical team with a proven record of exploration success and shareholder value creation. The company's leadership combines deep technical, operational and capital markets expertise focused on creating long-term shareholder value through the discovery and advancement of significant copper deposits.

We seek Safe Harbor.