Mr. Peeyush Varshney reports

ZINCX RESOURCES ANNOUNCES PRIVATE PLACEMENT FULLY SUBSCRIBED

Further to the news release dated Aug. 31, 2026, Zincx's non-brokered private placement of 15,166,667 units at a price of 12 cents per unit for gross proceeds of $1.82-million is fully subscribed. The private placement remains subject to approval by the TSX Venture Exchange.

The Akie zinc-lead-silver project

The 100-per-cent-owned Akie property is situated within the Kechika trough, the southernmost area of the regionally extensive Paleozoic Selwyn basin and one of the most prolific sedimentary basins in the world for the occurrence of sedex (sedimentary exhalative) zinc-lead-silver and stratiform barite deposits.

Drilling on the Akie property by Zincx Resources since 2005 has identified a significant body of baritic-zinc-lead sedex mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine-grained clastic rocks of the middle to late Devonian Gunsteel formation.

Kechika regional project

In addition to the Akie project, the company maintains 100-per-cent ownership of a large contiguous block of the southern Kechika trough, including the advanced Mount Alcock prospect. The Kechika regional project also includes the Pie, Yuen and Cirque East properties, where the company maintains a significant 49-per-cent interest with partners Teck Resources Ltd. and Korea Zinc Co. Ltd. holding 51 per cent. These properties collectively extend northwest from the Akie property for approximately 85 kilometres covering the highly prospective Gunsteel formation shale, the main host rock for known sedex zinc-lead-silver deposits in the Kechika trough of northeastern British Columbia. These projects are located approximately 260 kilometres north-northwest of the town of Mackenzie, B.C., Canada.