Mr. Vikas Ranjan reports

VORTEX METALS ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT

Further to Vortex Metals Inc.'s news releases dated Jan. 10, 2025, and Jan. 13, 2025, the TSX Venture Exchange has granted the company an extension to complete the second tranche of its previously announced non-brokered private placement of units of the company at a price of eight cents per unit. The company now has until Feb. 26, 2025, to complete the second tranche.

Each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant is exercisable into one common share at a price of 12 cents per warrant for a period of two years from the date of issuance.

The company intends to use the proceeds of the second tranche for exploration activities at the company's Illapel copper project in Chile and for general working capital purposes.

All securities issued with respect to the second tranche will be subject to a hold period expiring four months and one day after the date of issuance, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

The company also announces that, effective Jan. 27, 2024, subject to regulatory approval, it has engaged the services of Independent Trading Group (ITG) to provide market-making services in accordance with TSX Venture Exchange policies. Under the agreement, ITG will receive compensation of $5,000 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. ITG has a business address of Suite 420, 33 Yonge St., Toronto Ont., M5G 1G4. The company and ITG are arm's-length parties, and ITG has no interest, directly or indirectly, in the company or its securities, or any right or intent to acquire such an interest.

About Vortex Metals Inc.

Vortex is a copper-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. Through its Mexican subsidiary, Empresa Minera Acagold S.A. de C.V., the company 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.

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