File: '\\swfile\EmailIn\20260706 120058 Attachment NR20260706-02. ZincX Resources - New Stock Option Plan.docx'

FOR IMMEDIATE RELEASE

Contact: Investor Relations Monday, July 6, 2026

Phone (604) 684-2181 (No.2026-07-02)

info@zincxresources.com

ZincX Resources Implements New Omnibus Equity Incentive Plan

Vancouver, British Columbia, Canada - Monday, July 6, 2026 - ZincX Resources Corp. ("ZincX" or the "Company", TSX Venture Exchange: ZNX : FRA: A2JLRM ) is pleased to announced that its Board of Directors has approved a new omnibus equity incentive plan (the "New Plan"), which is intended to replace the Company's current stock option plan last approved by shareholders at the annual general meeting held on November 21, 2007.

The New Plan is a "rolling up to 10% and fixed up to 10%" equity incentive plan, as such term is defined in TSX Venture Exchange (the "Exchange") Corporate Finance Manual Policy 4.4 - Security Based Compensation. The New Plan allows the Company to issue up to a maximum of 10% of the issued and outstanding common shares of the Company in stock options, and up to an aggregate of 18,789,614 common shares issuable pursuant to performance share units, deferred share units, restricted share units, and other share based awards, which number represents a fixed maximum under the New Plan, to directors, officers, employees, and consultants of the Company.

At the next annual general meeting of shareholders on July 14, 2026, the Company will ask shareholders to ratify and confirm the adoption of the New Plan, in accordance with Exchange requirements. The Exchange has conditionally approved the New Plan, however, it remains subject to final approval.

The Akie Zn-Pb-Ag Project

The 100% owned Akie property is situated within the Kechika Trough, the southernmost area of the regionally extensive Paleozoic Selwyn Basin and one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.

Since 2005, drilling on the Akie property by ZincX Resources has identified a significant body of baritic-zinc-lead SEDEX mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine-grained clastic rocks of the Middle to Late Devonian Gunsteel Formation.

Kechika Regional Project

In addition to the Akie Project, the Company owns 100% of eight of eleven large, contiguous property blocks that comprise the Kechika Regional Project including the advanced Mt. Alcock prospect. The remaining three contiguous blocks (Pie, Yuen and Cirque East) are owned 49% by ZNX and 51% by Cirque Operating Corporation which is a 50/50 joint venture between Teck Resources Limited and Korea Zinc Co., Ltd. Six additional blocks which constitute the Kechika North project have been optioned to an arm's length third party. All of these properties collectively extend northwest from the Akie property for approximately 140 kilometres covering the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. The Kechika Trough represents tremendous potential for additional discoveries. These properties are located approximately 260 kilometres north-northwest of the town of Mackenzie, British Columbia, Canada.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

ZINCX RESOURCES CORP.

"PEEYUSH VARSHNEY"

PEEYUSH VARSHNEY, LL.B

CEO & CHAIRMAN