Vortex Metals Closes Second Tranche of Upsized Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - October 21, 2025) - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) ("Vortex" or the "Company") is pleased to announce that, further to its news releases dated September 11, 2025, September 30, 2025, October 6, 2025 and October 9, 2025, it has closed a second tranche (the "Second Tranche") of its previously announced non-brokered private placement (the "Offering"). Under the Second Tranche the Company has completed the issuance of 2,625,000 units (each, a "Unit") at a price of $0.04 per Unit for gross proceeds of $105,000. The Company previously closed the first tranche of the Offering on October 6, 2025, for aggregate gross proceeds of $700,000 through the sale of 17,500,000 Units. To date, the Company has raised aggregate gross proceeds of $805,000 under the Offering through the sale of 20,125,000 Units.

Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one Share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant is exercisable into one additional Share at a price of $0.08 per Warrant for a period of 36 months from the date of issuance. Eighteen months after the date of issuance of the Warrants, the Company will have the right to accelerate the expiry date of the Warrants if the trading price of the Shares exceeds $0.15 for a period of 10 consecutive trading days. No finders' fees were paid in connection with the Second Tranche.

Vortex intends to use the gross proceeds of the Second Tranche as follows: approximately 40% to pay for mining concession fees, approximately 40% to pay for exploration fees and the remaining 20% for general working capital purposes.

All securities issued with respect to the Second Tranche are subject to a hold period expiring on February 22, 2026, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The Second Tranche remains subject to final acceptance from the TSX Venture Exchange (the "TSXV").

None of the securities sold in connection with the Second Tranche have been and will not be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.