OREX MINERALS INC. ANNOUNCES $5 MILLION NON-BROKERED PRIVATE PLACEMENT

Executive Summary

• Orex Minerals Inc. announced a non‑brokered private placement to raise up to $5 million in gross proceeds.
• The offering consists of 30,303,030 units at $0.165 per unit, each unit containing one common share and one warrant exercisable at $0.20 for 24 months.
• Net proceeds are earmarked for general working capital, with the closing expected around February 12, 2026, subject to TSX Venture Exchange approval and customary conditions.

Key Details

• Units offered: Up to 30,303,030 units (1 common share + 1 warrant per unit).
• Price per unit: $0.165, representing a total gross proceeds target of $5,000,000.
• Warrant terms: Each warrant allows purchase of one share at $0.20 for a period of 24 months from the closing date.
• Use of proceeds: General working capital purposes.
• Closing timeline: Anticipated on or about February 12, 2026; subject to TSX Venture Exchange approval and other customary conditions.
• Hold period: Securities subject to a hold period expiring four months and one day after the closing date.
• Finder’s fee: Cash payment plus warrants equal to 6% of gross proceeds for purchasers introduced by a finder.
• Regulatory disclaimer: Securities not registered under U.S. securities laws; offering not available to U.S. persons except as permitted by law.

Notable Quotes

• John Eren, President & CEO: “We are pleased to announce this financing, which will provide the capital needed to advance our exploration projects and support ongoing operations.”