Ms. Linda Kwan reports

ADEX MINING ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Adex Mining Inc. has released the results of its annual general and special meeting of shareholders held earlier on Sept. 10, 2026. A total of 562,294,557 common shares of the company were voted at the meeting, representing approximately 83 per cent of the total number of common shares of the company issued and outstanding.

All matters presented for approval at the meeting were overwhelmingly approved as follows:

1. All of the management nominees were elected to the board to serve for the ensuing year or until their successors are duly elected or appointed.
2. MNP LLP, chartered professional accountants, was reappointed as auditor of the company for the ensuing year, and the board of directors of the company was authorized to fix its remuneration.
3. The amended and restated stock option plan of the company was approved.

Amended and restated stock option plan

The company is pleased to provide further details with respect to its plan, which was approved and adopted by the shareholders of the company at the meeting. Amendments to the plan were made to comply with the rules of the TSX Venture Exchange. The plan allows the board to grant options to purchase up to 67,721,144 common shares, representing 10 per cent of the issued and outstanding common shares of the company. Options issued under the plan may be granted for a term not exceeding 10 years from the date of their grant, and the exercise price of each option shall be determined by the board at the time of the grant. The plan remains subject to the approval of the exchange.

Further details on the above matters are available in the company's management information circular dated Aug. 7, 2026, which is available on SEDAR+ under Adex's issuer profile.

About Adex Mining Inc.

Adex Mining is a Canadian junior mining company with an experienced management team. The company has maintained stewardship over the Mount Pleasant mine property while evaluating strategic alternatives. The Mount Pleasant mine property is a multimetal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The common shares of Adex trade on the TSX Venture Exchange under the stock symbol ADE.

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