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SPEY RESOURCES CORP. ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Vancouver, British Columbia - June 25, 2024 - Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey" or the "Company") announces that, further to its news release dated June 20, 2024, the Company confirms the effective date for the consolidation of one (1) post-consolidation share for every ten (10) pre-consolidation shares.

Effective at the opening on Friday, June 28, 2024, the shares of the Company will commence trading on the Canadian Securities Exchange on a consolidated basis. The name and stock symbol share remain the same.

Post-Consolidation Capitalization: Unlimited common shares with no par value of which approximately 11,210,054 common shares are issued and outstanding.

Transfer Agent: Endeavor Trust Corporation

Trading Symbol: SPEY

CUSIP Number: 84840P201 (new)

Record Date: June 28, 2024

Approved for release by the Board of Directors,

"Nader Vatanchi"

Nader Vatanchi

Chief Executive Officer

About Spey Resources Corp.

Spey Resources is a Canadian lithium focused mineral exploration company which has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Spey also holds an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia.

For more information, please contact:

Nader Vatanchi,

CEO, Director

nader@speyresources.ca

+1778-881-4631

Cautionary Note Regarding Forward-Looking Statements

This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.