Mr. Paul Sparkes reports

VORTEX ENERGY ANNOUNCES $830,000 CHARITY FLOW THROUGH OFFERING

Vortex Energy Corp. intends to complete a non-brokered charity flow-through private placement of 2,441,178 common shares of the company at a price of 34 cents per common share for aggregate gross proceeds of approximately $830,000.52. The common shares issued under the flow-through offering are intended to qualify as flow-through shares within the meaning of the Income Tax Act (Canada).

The gross proceeds of the flow-through offering will be used by the company to incur eligible Canadian exploration expenses that are intended to qualify as flow-through mining expenditures, as such terms are defined in the tax act related to the company's Robinsons River salt project. Subject to compliance with the policies of the Canadian Securities Exchange and applicable securities legislation, the company may pay finders' fees in connection with the flow-through offering.

The company anticipates closing of the flow-through offering to occur on or about March 22, 2024. Closing of the flow-through offering is subject to the company's receipt of all necessary regulatory approvals, including approval of the CSE. The securities issued pursuant to the flow-through offering will be subject to a four-month hold period from the closing date.

About Vortex Energy Corp.

Vortex Energy is an exploration-stage company engaged principally in the acquisition, exploration and development of mineral properties in North America. The company is currently advancing its Robinson River salt project, comprising a total of 942 claims covering 23,500 hectares located approximately 35 linear kilometres south of the town of Stephenville in the province of Newfoundland and Labrador. The Robinson River salt project is prospective for both salt and hydrogen salt cavern storage. The company is actively evaluating technologies to efficiently store hydrogen or energy in salt caverns. Vortex Energy also holds the Fire Eye project, which is located in the Wollaston domain of Northern Saskatchewan, Canada.

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