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Vortex Energy Corp (2)
Symbol VRTX
Shares Issued 15,033,701
Close 2026-01-21 C$ 0.61
Market Cap C$ 9,170,558
Recent Sedar+ Documents

Vortex Energy talks technical work at Robinsons River

2026-01-21 18:17 ET - News Release

Mr. Paul Sparkes reports

VORTEX ENERGY HIGHLIGHTS 2025 TECHNICAL MILESTONES ACROSS PROJECT PORTFOLIO AND ANNOUNCES ADJOURNMENT OF AGM TO FEBRUARY 13, 2026

Vortex Energy Corp. has provided a year-in-review summary of technical milestones achieved in 2025, along with a preview of the company's exploration plans for 2026. The company also notes that its annual general meeting (AGM) has been adjourned to Feb. 13, 2026, due to lack of meeting the quorum requirement.

The Robinsons River project

Last year, Vortex advanced the technical understanding of the Robinsons River salt project in Newfoundland and Labrador, Canada, through a focused collaboration with the University of Alberta (U of A). This work centred on characterizing the salt system and evaluating properties relevant to underground energy storage applications, including mineralogical and petrological studies, X-ray diffraction (XRD) testing, porosity and permeability measurements, and geomechanical investigations using triaxial testing supported by CT-scanned (computed tomography) samples. Vortex also completed the fieldwork on a low-impact ambient noise tomography (ANT) program, in anticipation of developing a three-dimensional seismic profile of the potential salt dome geometry and internal structure.

In 2026, exploration priorities are expected to focus on integrating the 2025 laboratory and ANT results into an updated subsurface model by completing ANT processing and interpretation and merging outputs with existing geophysical and legacy data sets, while continuing technical collaboration with the U of A. This integrated interpretation is intended to guide next-step evaluation planning, including potential drill planning and other follow-up work as warranted.

The Fire Eye project

Last year, the technical focus on the Fire Eye project, located in Saskatchewan, Canada, was on validating historical uranium showings and ranking priority targets as identified by modern geophysical data sets. Data collected in late 2024 was combined with previous data sets to follow up on targets highlighted by the 2022 airborne geophysical survey and to ground-truth two Saskatchewan Mineral Deposit Index (SMDI) uranium occurrences on the property. Work on the project this year is intended to build on that foundation by refining target priorities using the latest observations and results and designing follow-up field evaluation as warranted.

Paul Sparkes, chief executive officer of Vortex Energy, commented: "Two thousand twenty-five was an important year of technical progress on our project portfolio. With the field component of the ANT program completed at Robinsons and our research collaboration continuing to generate valuable insight, we are focused on integrating these data sets into a clearer subsurface understanding that can support disciplined planning for the next stage of evaluation."

AGM

Due to the absence of quorum at its originally scheduled Jan. 20, 2026, AGM, the meeting has been adjourned to 10 a.m. Vancouver time on Feb. 13, 2026, at the offices of the company's legal counsel, Borden Ladner Gervais LLP, at Suite 1200, 200 Burrard St., Vancouver, B.C. The record date for the adjourned AGM remains Dec. 16, 2025. If you have any questions or need any assistance in voting your shares, please contact the company at 1-778-819-0164 or by e-mail at info@vortexenergycorp.com. The notice of meeting and management information circular for the AGM and the form of proxy related to the AGM are filed under the company's SEDAR+ profile and is also available on Vortex Energy's website. For those registered shareholders who have yet to submit their proxy, kindly download the form of proxy and complete and submit it in accordance with its instructions to have your shares voted. If you are a beneficial shareholder of the company whose shares are held in the name of an intermediary, such as a bank, trust company, securities broker or trustee, please contact your intermediary for instructions on how to vote.

Qualified person

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

For a discussion of the company's quality assurance/quality control and data verification processes and procedures, please see the company's technical report entitled, "Independent Technical Report on the Robinsons River Salt Property," dated July 31, 2023, a copy of which may be obtained under the company's SEDAR+ profile.

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. The company is currently advancing its Robinson River salt project comprising a total of 942 claims covering 23,500 hectares, located approximately 35 linear kilometres south of the town of Stephenville in the province of Newfoundland and Labrador. The Robinson River salt project is prospective for both salt and hydrogen salt cavern storage. The company is also currently advancing its Fire Eye uranium property in the Athabasca basin, a region renowned for its uranium deposits.

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