E-Tech Resources changes name to ReeXploration

Executive Summary

• E-Tech Resources Inc. has officially rebranded as ReeXploration Inc., effective October 28, 2025, reflecting a strategic pivot toward discovery-led growth and critical mineral development in Namibia.
• The company is advancing its flagship Eureka rare-earth element (REE) project, highlighting proven metallurgy and a maiden inferred resource estimate.
• The rebranding follows shareholder approval and TSX Venture Exchange approval, with the stock symbol remaining REE.

Key Details

• Corporate Change: Name changed from E-Tech Resources Inc. to ReeXploration Inc.
• Effective Date: October 28, 2025 (market open).
• Ticker Symbol: Remains REE.
• Strategic Focus: Discovery-led growth, responsible exploration, and critical minerals (specifically Rare Earth Elements) in Namibia.
• Project Update (Eureka REE Project):
  • Location: Erongo mining district, Namibia.
  • Metallurgy: Bench-scale testing produced approximately 60% TREO (total rare earth oxide) concentrate from monazite-hosting carbonatite, confirming clean, Western-standard processability.
  • Resource Estimate: Maiden NI 43-101 inferred resource of 310,000 tonnes at 4.8% TREO (0.7% Nd plus Pr).
  • Growth Potential: District-scale potential over ~13 by 6 km; 90% of trenches from the 2024 program intersected REE mineralization.
  • Infrastructure: Located 2 km from the Trans-Kalahari Highway with access to road, power, and the port of Walvis Bay.
• Marketing Agreements:
  • Dig Media Inc. (Investing News Network): 6-month campaign for $20,000 + $30,000 (U.S.).
  • The Northern Miner Group: Articles, interviews, and digital advertising for $63,000 (6-month program).
  • InvestorNews Inc.: Content creation and art direction consultation for $10,000 (6-month term).
  • The Oregon Group: Articles and social media marketing for $15,000 (U.S.).
• Regulatory/Compliance:
  • Name change approved at special shareholder meeting on September 18, 2025.
  • Approved by TSX Venture Exchange.
  • Maiden MRE prepared by SRK Consulting (U.K.), effective August 2, 2021.
  • Qualified Person: Tolene Kruger, BSc (honours), MSc.

Notable Quotes

• "This is a natural evolution built on the work our team has done on the Eureka REE project in Namibia and represents more than a name change -- it marks a clear step forward towards building a value-creation company," said Christopher Drysdale, interim chief executive officer of ReeXploration.
• "Our focus is on creating value where discovery, technical excellence and responsibility intersect, and ReeXploration reflects exactly that, with a renewed focus on disciplined exploration and the technical foundation needed to help build secure, sustainable critical minerals supply chains."