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CUEX.V ·

Copperex Announces Effective Date of Share Consolidation

Corporate Actions

COPPEREX RESOURCES CORP.

Suite 1020, 800 West Pender Street Vancouver, BC, V6C 2V6

Tel: +1 (604) 646-4527

COPPEREX ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

September 15, 2026 TSXV: CUEX

Vancouver, British Columbia – COPPEREX RESOURCES CORP. (CUEX) (the “Company”) is

pleased to announce that, further to its news release dated August 24, 2026 announcing a consolidation

(the “Consolidation”) of all the Company’s outstanding common shares on the basis of ten (10) pre-

Consolidation common shares for one (1) post -Consolidation common share, the Consolidation will

be effective and the Company’s common shares will commence trading on a c onsolidated basis

effective at the market opening on September 18, 2026 (the “Effective Date”). The new CUSIP for the

Company’s consolidated common shares is 217641208. The Company’s name and stock symbol will

not change in connection with the Consolidation and the post -Consolidation common shares will

continue to be listed on the TSX Venture Exchange under the stock symbol "CUEX". The reason for

the Consolidation is to increase the Company’s flexibility in the marketplace.

The Company currently has 31,833,014 common shares issued and outstanding. As at the Effective

Date, the Company will have approximately 3,183,301 common shares issued and outstanding. Any

fractional common share of the Company remaining after the Consolid ation that is less than ½ of a

common share will be cancelled and any fractional common share of the Company that is at least ½ of

a common share will be rounded up to the nearest whole common share.

Registered shareholders holding their c ommon shares in certificated form or whose c ommon shares

are represented by a direct registration advice (" DRS") statement will receive a letter of transmittal

from Odyssey Trust Company, the Company's transfer agent, in respect of the Consolidation. The letter

of transmittal will contain instructions to such registered shareholders on how to surrender the share

certificates representing their pre-Consolidation common shares and authorize Odyssey to issue a DRS

statement representing their post -Consolidation common shares. Share certificates evidencing

ownership of post-Consolidation common shares will not be issued unless specifically requested. Non-

registered shareholders holding common shares of the Company through an intermediary (a securities

broker, dealer, bank or financial institution) should be aware that the intermediary may have different

procedures for processing the Consolidation than those that will be put in place by the Company for

registered shareholders. If shareholders hold their common shares of the Company through

intermediaries and have questions in this regard, they are encouraged to contact their intermediaries.

On behalf of the Board of Directors

CopperEx Resources Corp.

Mark Tommasi

Director & Interim Chief Executive Officer

For further information contact:

[email protected]

+1 (604) 318-1448

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About CopperEx Resources Corp.

CopperEx is engaged in copper and gold exploration primarily in Peru. Through its wholly owned

Peruvian subsidiary, it controls the La Rica property located in central-southern Peru.

Cautionary Note.

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 Information.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking

statements within the meaning of applicable securities laws. The use of any of the words “anticipate”,

“plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”,

“potential” and similar expressions are intended to identify forward-looking statements. In particular,

this press release contains forward-looking statements concerning the Consolidation. Although the

Company believes that the expectations and assumptions on which the forward-looking statements are

based are reasonable, undue reliance should not be placed on the forward-looking statements because

the Company cannot give any assurance that they will prove correct. Since forward-looking statements

address future events and conditions, they involve inherent assumptions, risks, and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of assumptions,

factors, and risks. These assumptions and risks include, but are not limited to, assumptions and risks

regarding receipt of regulatory approvals in connection with the Consolidation and completion of the

Consolidation on the Effective Date on the terms currently contemplated.