Mr. Greg Ferron reports

PTX METALS' INVESTEE COMPANY GREEN CANADA RECEIVED CONDITIONAL APPROVAL FOR TSXV LISTING APPLICATION AND ANNOUNCED CONCURRENT FINANCING

The TSX Venture Exchange has conditionally approved the listing application of the resulting issuer in connection with the previously announced reverse takeover (RTO) of MAACKK Capital Corp. by the shareholders of PTX Metals Inc.'s investee company, Green Canada Corp. (GCC). Upon completion of the RTO, the resulting issuer will be renamed Green Canada Uranium Corp.

GCC also recently closed private placements raising, in aggregate, gross proceeds of $1,931,232 (see Green Canada's news release dated June 8, 2026).

Closing of the RTO is subject to, among other things: completion of a concurrent financing by GCC for aggregate gross proceeds of a minimum of $2.85-million, of which GCC has raised $1,931,232 to date; completion of a three-cornered amalgamation among MAACKK, GCC and a wholly owned subsidiary of MAACKK formed for the sole purpose of completing the amalgamation; and fulfilment of all remaining conditions and requirements of the TSX-V.

The information in this news release concerning GCC, MAACKK and the RTO has been provided by GCC.

For more information regarding the RTO, please see GCC's news releases dated Nov 24, 2025, and March 4, 2026.

Details on the concurrent financing by GCC were disclosed in a news release dated July 15, 2026.

Upon closing of the RTO, each subscribed share will be exchanged for one resulting issuer share and each whole warrant will be exchanged for one warrant of the resulting issuer with equivalent terms. The private placement is expected to close concurrently with the RTO on or around Aug. 7, 2026.

Marshall project acquisition

Immediately following the closing of the RTO, GCC will complete the previously announced acquisition of Basin Energy Marshall Corp.'s 100-per-cent interest in the mineral claims known as the Marshall project, located in the Athabasca basin of Saskatchewan, Canada, pursuant to the terms of a definitive mineral rights purchase and sale agreement dated Feb. 25, 2026, as amended and restated on June 22, 2026, between GCC, Basin Energy Ltd. and Basin Energy Marshall Corp. The net proceeds of the concurrent financing will be used to finance a 1,600-metre drill program on the Marshall project following the closing of the private placement and the RTO. For more information relating to GCC's proposed acquisition of the Marshall project and the associated transactions, please refer to GCC's news release dated March 4, 2026.

Prior to the closing of the RTO, MAACKK is required to: (i) complete a debt settlement transaction to eliminate all of its outstanding indebtedness; (ii) consolidate all of its issued and outstanding common shares on the basis of one postconsolidation share for 6.25 preconsolidation shares; and (iii) continue from the province of Alberta under the Business Corporations Act (Alberta) into the province of Ontario under the Business Corporations Act (Ontario).

About PTX Metals Inc.

PTX is a proudly Canadian mineral exploration company advancing gold and critical minerals projects in Northern Ontario, including its W2 copper-nickel-PGE (platinum group element) project in the Ring of Fire and the Shining Tree gold project in the Timmins gold camp. The province of Ontario is a renowned mining jurisdiction known for its abundance of critical minerals and stable regulatory environment.

The company's corporate objective is to advance its assets and unlock the potential of its two flagship projects: the W2 Cu-Ni-PGE project, located close to existing winter road infrastructure at the gateway to the strategic Ring of Fire region; and the Shining Tree gold project, neighbouring other known deposits in the Timmins gold camp.

PTX's portfolio of assets was strategically acquired for the assets' geologically favourable attributes and proximity to established mining companies.

PTX is based in Toronto, Canada, with a primary listing on the Toronto Stock Exchange under the symbol PTX. The company is also listed in Frankfurt under the symbol 9PX and on the OTCQB in the United States as PANXF.

We seek Safe Harbor.