22:10:26 EDT Thu 16 Jul 2026
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Vortex Energy Corp (2)
Symbol VRTX
Shares Issued 20,061,201
Close 2026-07-16 C$ 0.44
Market Cap C$ 8,826,928
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Vortex Energy reminds investors about work at Robinsons

2026-07-16 17:26 ET - News Release

Mr. Paul Sparkes reports

VORTEX ENERGY PROVIDES CORPORATE UPDATE ON ROBINSONS RIVER SALT PROJECT TECHNICAL STUDY

Vortex Energy Corp. is providing a corporate update on the ongoing technical study being completed by Lonquist Field Service (Canada), ULC at the company's Robinsons River salt project located approximately 35 kilometres south of Stephenville, Nfld.

Lonquist continues to advance its technical review and data integration work for the project. The study is focused on compiling, reviewing and interpreting available geological, geophysical, and drilling information to further refine the company's understanding of the project's subsurface salt structures and underground storage potential. The company currently expects to receive the results of the study by the end of July, 2026. The findings are expected to provide Vortex with an improved technical framework to guide future work at Robinsons River, including the evaluation of prospective salt structures, refinement of project development priorities and identification of appropriate next steps to continue advancing the project.

"This ongoing work represents an important step in building a more complete technical foundation for Robinsons River," said Paul Sparkes, chief executive officer of Vortex Energy. "Lonquist's review is intended to help us better understand the existing data, refine the subsurface model, and provide practical guidance on the next phase of project development. We look forward to receiving the results of the study and using that information to guide our forward strategy."

The company will provide further updates as additional information becomes available.

Qualified person

The scientific and technical content of this news release has been reviewed, verified and approved by Jared Suchan, PhD, PGeo, vice-president of exploration at the company, and a qualified person as defined by National Instrument 43-101.

For more information, please see the company's technical report, "Independent Technical Report on the Robinsons River Salt Property," dated July 31, 2023, a copy of which may be obtained under the company's profile at SEDAR+.

About Vortex Energy Corp.

Vortex Energy is an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties in North America.

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