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NTX.V ·

NeoTerrex Minerals Receives TSX Venture Exchange Acceptance for the Valour Project Acquistion

Corporate Updates

NeoTerrex Minerals Receives TSX Venture

Exchange Acceptance for the Valour Project

Acquistion

Ottawa, Ontario--(Newsfile Corp. - October 3, 2024) - NeoTerrex Minerals Inc. (TSXV: NTX)

("NeoTerrex" or the "Company") is pleased to announce that, further to its September 18, 2024 news

release, it has received the final acceptance of the TSX Venture Exchange relating to the option

agreement (the "Agreement") dated effective September 13, 2024, pursuant to which the Company has

been granted the right to acquire 50% of the title and interest in and to 32 mineral claims covering

approximately 1,750 hectares located in the Province of Québec, Canada (the "Property"). 18 claims

are owned by a non-related party and 14 claims are owned by Mathieu Stephens, President and CEO of

NeoTerrex.

About NeoTerrex

The Company is currently advancing its prospective rare earths projects located in the province of

Quebec with the majority of its projects located within or near areas with excellent infrastructure. Rare

earths are critical in manufacturing high-tech products such as smartphones, electric vehicles, and wind

turbines as well as to military applications. NeoTerrex is positioning itself to capitalize on the rare earths

sector and its lack of any supply chain in North America, including exploration and development of new

deposits.

For further information, please contact:

NeoTerrex Minerals Inc.

Mathieu Stephens, President & Chief Executive Officer

[email protected]

343-308-2648

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of

the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This news release may contain certain forward-looking information and statements, including without

limitation, statements pertaining to NeoTerrex's future plans, objectives or goals regarding the

Agreement and the Property. All statements included herein, other than statements of historical fact, are

forward-looking information and such information involves various risks and uncertainties.

The Company

does not undertake to update any forward-looking information except in accordance with applicable

securities laws. There can be no assurance that such information will prove to be accurate, and actual

results and future events could differ materially from those anticipated in such information. A description

of assumptions used to develop such forward-looking information and a description of risk factors that

may cause actual results to differ materially from forward-looking information can be found in the

Company's disclosure documents on the SEDAR+ website at

www.sedarplus.ca

.

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

https://www.newsfilecorp.com/release/225392