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ROCKEX MINING CORPORATION

CSE: RXM

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S NEWSWIRE SERVICES

ROCKEX MINING ANNOUNCES PROPOSED SHARES FOR SERVICES TRANSACTION

July 9, 2026 - Thunder Bay, Ontario - Rockex Mining Corporation ("Rockex" or the "Corporation") (CSE: RXM) is pleased to announce a proposed issuance of an aggregate of 600,000 common shares of the Corporation (each a "Common Share") at a deemed price of $0.05 per Common Share as payment of past services provided by the former and current chief financial officers of the Corporation pursuant to the services agreements entered into with each such officer (the "Shares for Services Transaction").

All of the securities to be issued will be subject to a four (4) month hold period.

The Corporation will be issuing an aggregate of 200,000 Common Shares to its current chief financial officer (the "Insider") representing 0.15% of the Corporation's issued and outstanding Common Shares on a fully diluted basis following closing of the Shares for Services Transaction. Currently, no securities of the Corporation are held by such Insider prior to completion of this transaction.

The Shares for Services Transaction is a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under MI 61-101 on the basis that participation in the Share for Service Transaction by such Insider does not exceed 25% of the fair market value of the Corporation's market capitalization.

The services agreement entered into by the Corporation with its current chief financial officer includes a provision that $1,000 of the monthly compensation can be paid to the chief financial officer in Common Shares of the Corporation at the greater of $0.05 per share or the 20-day volume-weighted-average-price of such shares on the principal stock exchange on which the Corporation's shares trade at the applicable time. The Corporation intends to issue Common Shares periodically to its chief financial officer in accordance with those terms.

About Rockex

Rockex is a Canadian exploration company focused on developing high quality iron ore assets strategically located in areas largely under-explored, and that host significant mineral potential. Its core asset is the Lake St. Joseph Iron Project which includes the Eagle Island Deposit, as well as additional potential deposits at Wolf Island and Fish Island. It also has other properties in northwestern Ontario which it refers to as the East Soules Bay Property and the North Spirit Lake Property.

For further information, please refer to the Corporation's profile on SEDAR+ which may be accessed at www.sedarplus.ca, and visit our website at www.rockexmining.com.

Contacts:

Pierre Gagne, Chief Executive Officer of Rockex

Phone: (807) 623-2626

Email address: pierre.gagne@rockexmining.com

Cautionary Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and Rockex disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.