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ECU.V ·

Element 29 Upgrades to OTCQX Best Market

Corporate Updates

Element 29 Upgrades to OTCQX Best Market

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2026) -

Element 29 Resources Inc.

(TSXV: ECU) (OTCQX: EMTRF) (BVL: ECU)

("

Element 29

" or the "

Company

") is pleased to

announce it has qualified to upgrade from the OTCQB Venture Market to the OTCQX Best Market,

operated by OTC Markets Group Inc.

Richard Osmond, Element 29 President and CEO, states,

"Upgrading to the OTCQX Best Market is an

important step in expanding access to the common shares of Element 29 as we continue to advance

our flagship Elida project and the rest of our portfolio of exploration properties in Peru

.

"

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To

qualify for OTCQX, companies must meet high financial standards, follow best practice corporate

governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX

Market marks an important milestone for companies, enabling them to demonstrate their qualifications

and build visibility among U.S. investors.

About OTC Markets Group

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and

international securities. Data-driven disclosure standards form the foundation of their public markets:

OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market.

Their OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-

dealers rely on to facilitate trading. OTC Markets Group Inc's innovative model offers companies more

efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, OTC

Overnight® and MOON ATS® are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA

and SEC registered broker-dealer, member SIPC. To learn more, visit

www.otcmarkets.com

.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Richard

Osmond (P.Geo.), Element 29's President and CEO, who is the "

Qualified Person

" as defined by

National Instrument 43-101 Standards for Disclosure for Mineral Projects.

About Element 29 Resources Inc.

Element 29 is an emerging junior resource company with a highly experienced management team and

board focused on the discovery and advancement of copper projects in Peru, one of the lowest-cost,

lowest-risk mining jurisdictions globally. The Company's flagship project is the Elida Porphyry Cu-Mo-Ag

Deposit in west-central Peru which has an initial pit-constrained inferred Mineral Resource Estimate

1

of

321.7 million tonnes grading 0.32% Cu, 0.03% Mo and 2.61 g/t Ag at a 0.2% Cu cutoff grade. Alongside

Elida, the Company has three (3) early stage, highly prospective porphyry Cu projects in Peru that

include the Flor de Cobre porphyry Cu-Mo prospect situated in the Southern Peru Copper Belt, just 26

km from the Cerro Verde copper mine

2

(Freeport-Buenaventura) as well as the Paka and Pahuay

porphyry Cu skarn prospects. All projects are well located for future mine development and will benefit

from nearby infrastructure including roads, power infrastructure, ports, water, and a skilled workforce.

On Behalf of the Board of Directors:

"

Richard Osmond, P.Geo."

CEO and Director

For media enquiries or more information on this press release, please contact:

Dylan Berg

VP Investor Relations & Marketing

+1 (888) 246-7881

[email protected]

Kevin Guichon

Investor Relations Consultant

+1 (888) 246-7881

[email protected]

More information is available at

www.e29copper.com

.

Neither the TSX Venture Exchange (the "

TSX-V

") nor its Regulation Service Provider (as that term is

defined in the policies of the TSX-V)

accepts responsibility for the adequacy or accuracy of this press

release.

Notes

1

.

The Mineral Resource Estimate information is available in "NI 43-101 Technical Report, Mineral Resource Estimation of the Elida

Porphyry Copper Project in Perú" dated September 20, 2022, and prepared in accordance with Form 43-101F1 by Marc Jutras, P.Eng.,

M.A.Sc., Ginto Consulting Inc.

2

.

This news release contains information about adjacent properties on which Element 29 has no right to explore or mine. Readers are

cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company's properties.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain forward-looking information and forward-looking statements within

the meaning of applicable Canadian securities legislation (collectively, "

Forward-looking

Statements

"). Any statements that are contained in this press release that are not statements of

historical fact may be deemed to be Forward-looking Statements. Forward-looking Statements are

frequently, but not always, identified by words such as "may", "will", "intends", "proposed", "believes",

"continues", "plans", "expects" or similar expressions (or the negative and grammatical variations of

any of these terms).

Forward-looking Statements involve various risks and uncertainties and are based on certain factors

and assumptions. Although Element 29's management considers these beliefs and assumptions

reasonable based on currently available information, there can be no assurance that such statements

will prove to be accurate, and actual results and future events could differ materially from those

anticipated in such statements. Forward-looking Statements necessarily involve known and unknown

risks, and important factors, among others, that could cause actual results to differ materially from the

Company's expectations include: shareholders of the Company voting in favour of the management

nominees at the AGM; the timeliness and success of regulatory approvals; fluctuations in copper and

other commodity prices; uncertainties inherent in the exploration of mineral properties; risks

associated with general economic conditions; changes in legislation, income tax and regulatory

matters; currency and interest rate fluctuations; inability to access sufficient capital from internal and

external sources; and other risk factors set forth in the Company's prospectus under the heading "Risk

Factors".

Readers are further cautioned not to place undue reliance on Forward-looking Statements as there

can be no assurances that the plans, intentions or expectations upon which they are placed will occur.

The Company undertakes no obligation to update or revise any Forward-looking Statements, whether

as a result of new information, future events or otherwise, except as may be required by law. New

factors emerge from time to time, and it is not possible for Element 29 to predict all of them or assess

the impact of each such factor or the extent to which any factor, or combination of factors, may cause

results to differ materially from those contained in any Forward-looking Statement. Any Forward-

looking Statements contained in this press release are expressly qualified in their entirety by this

cautionary statement. This news release contains information about adjacent properties on which

Element 29 has no right to explore or mine.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/313701