Vortex Metals raises C$1.0 million via private placement

Vancouver, British Columbia--(Newsfile Corp. - July 9, 2026) - Vortex Metals Inc. (TSXV: VMS) (OTCQB: VMSSF) (" Vortex " or the " Company ") is pleased to announce the appointment of Mr. Thibault White as President , effective immediately. Mr. White brings more than 35 years of international corporate finance, investment banking, mergers and acquisitions, institutional investment and capital markets experience across Europe and North America. As part of the executive transition, Vikas Ranjan will assume the role of Executive Vice President, Corporate Development , where he will focus on corporate strategy, capital markets initiatives, strategic partnerships and business development.

Most recently, Mr. White has served as a Partner with Apollo Corporate Finance in Frankfurt, advising clients on mergers and acquisitions, strategic financing and capital raising transactions. Previously, he held senior positions with Swiss Life Asset Managers, DTZ Asset Management and several leading European investment firms. His extensive international experience is expected to strengthen the Company's corporate development and capital markets initiatives as Vortex advances its portfolio of copper-gold exploration projects.

Thibault White, President of Vortex Metals, commented: "I am excited to join Vortex at such an important stage in its evolution. The Company has assembled a highly prospective portfolio of copper-gold exploration assets in attractive mining jurisdictions and is supported by a strong technical team. I look forward to helping advance the Company's exploration programs in Chile and Mexico as we build long-term shareholder value." Michael Williams, Chief Executive Officer of Vortex Metals, commented: "We are pleased to welcome Thibault to Vortex.

His extensive background and experience will be a tremendous asset as we continue advancing our exploration portfolio." Financing The Company also announces a new non-brokered private placement (the " Offering ") for gross proceeds of up to C$1,000,000 . The Offering replaces the Company's previously announced non-brokered private placement announced on March 9, 2026 , with the closing of the first tranche announced on April 8, 2026 . The balance of the previously announced financing has been cancelled and superseded by this new Offering.

The Offering will consist of up to 20,000,000 units (the " Units ") at a price of C$0.05 per Unit for gross proceeds of up to C$1,000,000 . 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 acquire one additional common share of the Company at a price of C$0.06 for a period of three (3) years from the date of issuance.

The warrants will be subject to an acceleration provision whereby, after 12 months from the date of issuance, if the closing price of the Company's common shares equals or exceeds C$0.20 for ten (10) consecutive trading days on any Canadian stock exchange, the Company may accelerate the expiry date of the warrants by issuing a news release, following which holders will have 30 calendar days to exercise their warrants. The net proceeds from the Offering will be used to advance exploration activities at the Company's projects in Chile and Mexico, pursue corporate development initiatives and for general working capital. The Offering and the appointment of Mr. White remain subject to acceptance of the TSX Venture Exchange.