Mr. Chris Beer reports

ATEX APPOINTS MYRZAH BELLO AS VICE PRESIDENT, PEOPLE, HEALTH AND SAFETY

Atex Resources Inc. has appointed Myrzah Bello as vice-president, people, health and safety, effective today. Ms. Bello will be responsible for developing and strengthening organizational culture, enhancing employee experience, ensuring compliance with regulatory and ethical standards, and reinforcing governance excellence.

"I am very pleased to welcome Myrzah to Atex Resources," commented Chris Beer, interim chief executive officer of Atex. "Her expertise in people leadership, governance and culture will play an important role as we advance Valeriano, supporting talent development, safety and strong stakeholder relationships."

Ms. Bello is a senior executive leader in people, health and safety, culture, and governance with over 20 years of experience in complex, highly regulated environments, including mining and infrastructure. She was previously vice-president, sustainability and human resources, at O3 Mining Inc., which was acquired by Agnico Eagle Mines Ltd. in March, 2025. Ms. Bello has been recognized for strengthening organizational culture, improving safety performance, enabling work force growth, and aligning people strategy with business objectives and with deep experience in change management, risk management and regulatory compliance.

With the appointment, the company has granted an aggregate of 250,000 incentive stock options to Ms. Bello, to acquire one Atex common share at an exercise price of $3.60 over a period of five years. The options will vest one-third on each of the first, second and third anniversaries of the grant date, in accordance with the company's stock option plan.

About Atex Resources Inc.

Atex is exploring the Valeriano copper-gold project, which is located within the emerging copper-gold porphyry mineral belt linking the prolific El Indio high-sulphidation belt to the south with the Maricunga gold porphyry belt to the north, located in the Atacama region, Chile. This emerging belt, informally referred to as the Link belt, hosts several copper-gold porphyry deposits at various stages of development, including Filo del Sol (Lundin Mining/BHP), Josemaria (Lundin Mining/BHP), Lunahausi (NGEx Minerals), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick).