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ADE.V ·

Adex Mining Announces Results of Annual General and Special Meeting of Shareholders

Corporate Updates

ADEX MINING ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF

SHAREHOLDERS

Toronto, Ontario – September 10, 2026 – Adex Mining Inc. ("Adex" or the "Company") (TSXV: ADE)

is pleased to announce the results of its annual general and special meeting of shareholders (the

"Meeting") held earlier today . A total of 562,294,557 common shares of the Company were

voted at the Meeting, representing approximately 83 % of the total number of common shares

of the Company issued and outstanding.

All matters presented for approval at the Meeting were overwhelmingly approved as follows:

(i) all of the management nominees were elected to the Board to serve for the ensuing year or

until their successors are duly elected or appointed;

(ii) MNP LLP, Chartered Professional Accountants, was re-appointed as auditor of the Company

for the ensuing year, and the board of directors of the Company (the "Board") was authorized

to fix their remuneration; and

(iii) the amended and restated stock option plan of the Company (the "Plan") was approved.

Amended and Restated Stock Option Plan

The Company is pleased to provide further details with respect to its Plan which was approved and

adopted by the shareholders of the Company at the meeting. Amendments to the Plan were made to

comply with the rules of the TSX Venture Exchange (the " Exchange"). The Plan allows the Board to

grant options to purchase up to 67,721,144 common shares , representing 10% of the issued and

outstanding common shares of the Company. Options issued under the Plan may be granted for a term

not exceeding ten years from the date of their grant and the exercise price of each option shall be

determined by the Board at the time of the grant. The Plan remains subject to the approval of the

Exchange.

Further details on the above matters are available in the Company's management information circular

dated August 7, 2026, which is available on SEDAR+ (www.sedarplus.ca) under Adex's issuer profile.

ABOUT ADEX

Adex Mining Inc. is a Canadian junior mining company with an experienced management team.

The Company has maintained stewardship over the Mount Pleasant Mine Property while

evaluating strategic alternatives. The Mount Pleasant Mine Property is a multi-metal project that

is host to promising tungsten -molybdenum and tin -indium-zinc mineralization. The common

shares of Adex trade on the TSX Venture Exchange under the stock symbol "ADE".

FOR FURTHER INFORMATION, PLEASE CONTACT:

Linda Lam Kwan

Chief Executive Officer, Adex Mining Inc.

1-647-243-8452.

Email: [email protected] Website: www.adexmining.com

No securities commission or regulatory authority has approved or disapproved the contents of

this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that

term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.

FORWARD -LOOKING STATEMENTS

Certain statements in this press release may constitute “forward -looking” statements which involve

known and unknown risks, uncertainties and other factors which may cause actual results,

performance or achievements of Adex , its subsidiary or the industry in which they operate to be

materially different from any future results, performance or achievements expressed or implied by

such forward-looking statements. When used in this press release, the words “estimate”, “believe” ,

“anticipate”, “intend”, “expect”, “plan”, “may”, “should”, “will”, the negative thereof or other

variations thereon or comparable terminology are intended to identify forward -looking statements.

Such statements reflect the current expectations of the man agement of Adex with respect to future

events based on currently available information and are subject to risks and uncertainties that could

cause actual results, performance or achievements to differ materially from those expressed or

implied by those forward-looking statements. These risks and uncertainties are detailed from time to

time, including, without limitation, under the heading “Risk Factors”, in reports filed by Adex with the

Alberta, British Columbia, Ontario, New Brunswick and Nova Scotia Securities Commissions which are

available at www.sedarplus.ca and to which readers of this press release are referred for additional

information concerning Adex, its prospects and the risks and uncertainties relating thereto.

New risk factors may arise from time to time and it is not possible for management to predict all

of those risk factors or the extent to which any factor or combination of factors may cause actual

results, performance and achievements of Adex to be materially different from those contained

in forward- looking statements. Although the forward - looking statements contained in this press

release are based upon what management believes to be reasonable assumptions, Adex cannot

assure investors that actual results will be consistent with these forward - looking statements.

Given these risks and uncertainties, investors should not place undue reliance on forward- looking

statements as a prediction of actual results. The forward - looking information contained in this

press release is current only as of the date of the press release. Adex does not undertake or

assume any obligation to release publicly any revisions to these forward- looking statements to

reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated

events, except as required by law.