Mr. Darren Bahrey reports

STRATEGX ELEMENTS CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO $900,000

Strategx Elements Corp. has arranged a non-brokered private placement of up to six million units at a price of 15 cents per unit for gross proceeds of up to $900,000.

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 purchase one additional common share of the company at a price of 25 cents per share for a period of 36 months from the date of issuance.

"This financing is an important step in advancing our exploration strategy at Nagvaak while further strengthening our shareholder base. We are encouraged by the continued support from existing shareholders and the interest we are seeing from new investors," said Darren Bahrey, chief executive officer of Strategx. "The proceeds will help position Strategx to continue unlocking the potential of what we believe is a significant critical minerals district on the Melville Peninsula, Nunavut, at a time when secure North American sources of critical minerals are becoming increasingly important."

The units are being offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation.

Proceeds from the offering will be used to advance exploration activities, as well as for general working capital and corporate purposes.

All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws and Canadian Securities Exchange policies.

The company may pay finders' fees to eligible finders in connection with portions of the offering in accordance with applicable securities laws and CSE policies.

It is anticipated that some insiders of the company will participate in the offering. The participation of any insiders may be considered a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). Such insider participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101 as the company is not listed on any of the exchanges or markets outlined in Subsection 5.5(b) of MI 61-101, and the fair market value of the securities to be distributed to the insiders is not expected to exceed 25 per cent of the company's market capitalization.

About Strategx Elements Corp.

Strategx is a Canadian mineral exploration company focused on discovering and developing critical mineral opportunities in Northern Canada. The company's flagship Nagvaak project on the Melville Peninsula in Nunavut hosts a district-scale critical mineral system prospective for nickel, copper, cobalt, vanadium, graphite, silver and rare earth elements. Strategx is advancing exploration in a region that is becoming increasingly important to North American critical mineral supply chains.

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