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COPPEREX RESOURCES CORP.

C/O Discovery Group

Suite 1020, 800 West Pender Street Vancouver, BC, V6C 2V6

Tel: +1 (604) 646-4527

COPPEREX ANNOUNCES AGM RESULTS AND PROPOSED CONSOLIDATION

August 11, 2026 TSXV: CUEX

Vancouver, British Columbia - COPPEREX RESOURCES CORP. (CUEX) (the "Company") the Company is pleased to announce the results of voting at its annual general meeting of shareholders which was held on August 6, 2026, in Vancouver, British Columbia (the "Meeting"). All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular dated July 7, 2026 (the "Circular"), which is available on SEDAR+ at www.sedarplus.ca under the Company's profile, were approved by the requisite majority of votes cast at the Meeting, including:

*bullet* electing all nominees to the Board of Directors of the Company (the "Board"), including Mark Tommasi, Joe Ovsenek and Chase Taylor-Robins;

*bullet* re-appointing MNP LLP as auditor for the ensuring year and authorizing directors to determine auditor's compensation; and

*bullet* ratifying and approving the Company's 10% Rolling Option Plan.

Management of the Company would like to thank the Company's shareholders for their continued support.

The Company also announced a proposed minimum 10:1 share consolidation. The specific terms of the proposed share consolidation, including proposed timing and the final consolidation ratio, remain subject to review by the Board and compliance with the policies of the TSX Venture Exchange. The Company will provide further information regarding timing, implementation and requisite regulatory and shareholder approvals once details have been determined.

On behalf of the Board of Directors

CopperEx Resources Corp.

Mark Tommasi

Director & Interim Chief Executive Officer

For further information contact:

info@discoverygroup.ca

+1 (604) 646-4527

About CopperEx Resources Corp.

CopperEx is engaged in copper and gold exploration primarily in Peru. Through its wholly owned Peruvian subsidiary, it controls t the La Rica property located in central-southern Peru.

Strategic Alliances.

CopperEx is a member of Discovery Group based in Vancouver, Canada. For more information please visit: discoverygroup.ca.

Cautionary Note.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company's board and management. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward- looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks, and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors, and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.