StrategX Elements raises up to $900,000 via non-brokered private placement

Vancouver, British Columbia--(Newsfile Corp. - June 18, 2026) - StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") announces a non-brokered private placement of up to 6,000,000 units (the "Units") at a price of $0.15 per Unit for gross proceeds of up to $900,000 (the "Offering"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.25 per share for a period of 36 months from the date of issuance.

"This financing is an important step in advancing our exploration strategy at Nagvaak while further strengthening our shareholder base. We are encouraged by the continued support from existing shareholders and the interest we are seeing from new investors," said Darren Bahrey, Chief Executive Officer of StrategX. "The proceeds will help position StrategX to continue unlocking the potential of what we believe is a significant critical minerals district on the Melville Peninsula, Nunavut at a time when secure North American sources of critical minerals are becoming increasingly important." The Units are being offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation.

Proceeds from the Offering will be used to advance exploration activities as well as for general working capital and corporate purposes. All securities issued pursuant to the Offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws and CSE policies. The Company may pay finder's fees to eligible finders in connection with portions of the Offering, in accordance with applicable securities laws and CSE policies.

It is anticipated that some insiders of the Company will participate in the Offering. The participation of any insiders may be considered a related party transaction within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101 "). Such insider participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on any of the exchanges or markets outlined in subsection 5.5(b) of MI 61-101, and the fair market value of the securities to be distributed to the insiders is not expected to exceed 25% of the Company's market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available. About StrategX StrategX is a Canadian mineral exploration company focused on discovering and developing critical mineral opportunities in northern Canada.