Mr. Andrew Snowden reports

TOREX RESOURCES TO LIST ON NEW YORK STOCK EXCHANGE

The New York Stock Exchange has approved the listing of Torex Resources Inc.'s common shares, which are expected to begin trading on the NYSE at market open on Nov. 17, 2026, under the symbol TXR. Torex Resources is not issuing new shares or raising capital as part of the listing.

To mark the listing, members of management and the board will ring the NYSE opening bell on Tuesday, Nov. 17, 2026.

Torex Resources will maintain its primary listing on the Toronto Stock Exchange, where its common shares will continue to trade in Canadian dollars under the symbol TXR. Quotation on the OTCQX under the symbol TORXF will cease when NYSE trading begins.

Andrew Snowden, president and chief executive officer of Torex Resources, stated: "Listing on the NYSE marks an exciting milestone for Torex Resources. Building on our established presence on the TSX, joining the world's largest equity exchange puts the Torex Resources story in front of a broader global investor audience, which we expect will bring greater capital market access and exposure for our company and enhanced trading liquidity for our common shares.

"The timing couldn't be better. With our flagship Morelos complex in Mexico generating strong production and significant cash flow, we are actively returning capital to shareholders while continuing to make meaningful investments in our exploration and development pipeline to support our next phase of growth. The NYSE listing will provide more investors the opportunity to participate in this growth as we advance our portfolio of gold, silver and copper assets."

About Torex Resources Inc.

Torex Resources is a Canadian mining company engaged in the exploration, development, and production of gold, copper and silver from its flagship Morelos complex in Guerrero, Mexico. The company also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and a portfolio of early-stage exploration projects, including Batopilas and Guigui in Chihuahua, Mexico, La Gloria in Sonora, Mexico, and Medicine Springs in Nevada, United States, as well as an option to acquire the Gryphon Summit project in Nevada, United States.

The company's key strategic objectives are: optimize Morelos production and costs; disciplined growth and capital allocation; grow reserves and resources; project delivery excellence; retain and attract best industry talent; and be an industry leader in responsible mining. In addition to realizing the full potential of the Morelos property, the company continues to seek opportunities to acquire assets that enable diversification and deliver value to shareholders.

We seek Safe Harbor.