Mr. Greg Ferron reports

PTX METALS' SUBSIDIARY, GREEN CANADA CORPORATION AND MAACKK CAPITAL CORP. PROVIDE UPDATE REGARDING SHAREHOLDERS' MEETINGS AND GREEN CANADA PRIVATE PLACEMENT CLOSING

PTX Metals Inc.'s Green Canada Corp. (GCC) (the company) has increased the size of its previously announced non-brokered private placement from $500,000 to $750,000 in response to strong investor interest. Up to a total of 5,769,231 common shares of the company will be issuable at a price of 13 cents per share pursuant to the private placement.

Closing of second tranche of GCC private placement

Following the offering upsizing, the company has closed the second tranche of the private placement. In connection with this closing, the company issued an aggregate of 2,022,500 common shares at a price of 13 cents per share for aggregate gross proceeds of $262,925.

After giving effect to the closing of the second tranche, the shareholding of PTX Metals in the company was reduced from approximately 50.73 per cent to approximately 48.02 per cent, and the company ceased to be a subsidiary of PTX and Green Canada will henceforth issue its own press releases independently of PTX.

The common shares issued pursuant to the closing of the second tranche are subject to a statutory hold period of four months and one day after the later of: (a) Feb. 4, 2026; and (b) the date the company became a reporting issuer in any province or territory. The net proceeds of the private placement are expected to be used for general working capital and corporate purposes.

GCC shareholder meeting

In connection with the previously announced reverse takeover of Maackk Capital Corp. by the shareholders of GCC, the company has scheduled a special meeting of shareholders on Feb. 26, 2026, at Suite 635, Bay Adelaide Centre, 333 Bay St., Toronto, Ont., at 1 p.m. ET to: (a) approve the business combination agreement and the amalgamation agreement in connection with the proposed RTO; (b) approve and confirm all corporate actions of the company since its incorporation that require shareholder approval; and (c) transact such other business as may properly come before the GCC meeting.

Maackk shareholders meeting

In connection with the proposed RTO, Maackk has scheduled an annual general and special meeting of its shareholders on Feb. 26, 2026, at DD West LLP, Suite 2300, 520 5 Ave. SW, Calgary, Alta., Canada, T2P 3R7, at 11 a.m. MT to, among other things: (a) approve the continuance of Maackk from the Province of Alberta into the Province of Ontario; (b) approve the consolidation of all of the issued and outstanding common shares of Maackk on a 1:6.25 basis; (c) approve the name change from Maackk Capital Corp. to Green Canada Uranium Corp.; (d) elect Richard Mazur, Greg Ferron, Olivier Crottaz, Jean-David Moore and Peter Cheung as the directors of the resulting issuer of the proposed RTO; (e) approve new bylaws for the resulting issuer; (f) approve a new omnibus plan for the resulting issuer; (g) approve the appointment of Baker Tilly WM LLP as the new auditor of the resulting issuer; (h) approve and confirm all corporate actions of Maackk since May 14, 2021, that require shareholder approval; and (i) transact such further or other business as may properly come before the Maackk meeting, each of the foregoing to take effect upon the closing of the proposed RTO.

About Green Canada Corp.

GCC has assembled a diverse set of Canadian-based uranium mineral properties focused on unconformity-style uranium deposits in the Athabasca basin of Saskatchewan, the Baker and Amer basins in Nunavut, and the Otish basin in Quebec. The flagship Marshall project to be acquired by GCC from Basin Energy Ltd. in connection with the proposed RTO and the adjacent North Millennium project areas are situated 11 kilometres west of Cameco's 69.9-per-cent-owned Millennium deposit and 20 kilometres southwest of Canalaska's Pike zone discovery on the West McArthur project in the Athabasca basin of Northern Saskatchewan, the second-largest production centre for uranium globally.

About PTX Metals Inc.

PTX is a minerals exploration company focused on high-quality critical mineral projects, including two flagship projects situated in Northern Ontario, a mining jurisdiction renowned for its abundance of mineral resources and investment opportunities. The corporate objective is to advance the exploration programs toward proving the potential of each asset, which includes the W2 copper/nickel/platinum group element project and the South Timmins joint venture gold project.

PTX's portfolio of assets offers investors exposure to some of the world's most valuable metals, including gold, as well as essential critical minerals for the clean energy transition: copper, PGEs, nickel, uranium and rare metals. PTX's portfolio of assets was strategically acquired for their geologically favourable attributes and proximity to established mining companies. PTX's mineral exploration programs are designed by a team of expert geologists with extensive career knowledge gained from their tenure working for global mining companies in Northern Ontario and around the world.

PTX is based in Toronto, Canada, with a primary listing on the TSX Venture Exchange under the symbol PTX. The company is also listed on the Frankfurt Stock Exchange under the symbol 9PX and on the OTCQB in the United States as PANXF.

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