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REE.V ·

ReeXploration Announces CEO and Director Change

Management Changes

TSX-V: REE | FSE: K2I0

Rareearthexploration.com

NEWS RELEASE

ReeXploration Announces CEO and Director Change

HALIFAX, NS – September 22, 2026 – ReeXploration Inc. (TSX-V:REE) (FSE:K2I 0)

(“ReeXploration” or the “Company”) today announced a change in its executive leadership and

board of directors. Christopher Drysdale has resigned as Chief Executive Officer and a director of

the Company, effective immediately. The board of directors of the Company (the “Board”) has

appointed Brenan Isabelle as Chief Executive Officer and a director of the Company.

“On behalf of the Board, we thank Christopher for his contributions to ReeXploration, and we wish

him well in his future endeavours. We are pleased to welcome Brenan Isabelle as Chief Executive

Officer. Brenan’s capital markets and business development experience will be an asset as

ReeXploration continues to evaluate its Eureka Project and examines new opportunities,” said Carl

Sheppard, a director of ReeXploration.

About Brenan Isabelle

Mr. Isabelle has more than 10 years of experience in capital markets and early -stage companies

as an investor, sales leader and founder. He was Vice President, Corporate Development at Numus

Financial Inc. and a dealing representative at Numus Capital Corp., a former registered exempt

market dealer. Principals of Numus have completed public and private market transactions valued

at over $2 billion. Earlier in 2026, Mr. Isabelle led the $4.8 million investment and public listing of

Aitenders (CSE:BIDS), where he serve s as Chair of the Board. He holds a Master of Business

Administration from Dalhousie University.

About ReeXploration Inc.

ReeXploration (TSXV:REE) (FSE:K2I 0) is a Canadian exploration company positioned to help

meet surging global demand for secure, responsible supplies of critical minerals essential to the

clean energy transition, advanced technologies and national defen ce. The Company’s Eureka

Project in central Namibia pairs a rare earth foundation – supported by the production of a clean

monazite concentrate – with a high -priority uranium target located within one an established

uranium corridors. Together, these commodities provide multi-path discovery potential aligned with

accelerating global efforts to diversify critical mineral and nuclear fuel supply.

Caution Regarding-Forward Looking Information

This press release may contain forward -looking information. This information is based on current

expectations and assumptions (including assumptions relating to general economic and market

conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual

results may differ materially from results suggested in any forward -looking information.

ReeXploration does not assume any obligation to update forward -looking information in this

release, or to update the reasons why actual results could differ from those reflected in the forward-

looking information unless and until required by securities laws applicable to ReeXploration.

Additional information identifying risks and uncertainties is contained in the filings made by

ReeXploration with Canadian securities regulators, which filings are available at www.sedarplus.ca.

2

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Further details are available on the Co mpany’s website at www.rareearthexploration.com or

contact:

Brenan Isabelle, CEO of ReeXploration Inc.

1-902-212-1865

[email protected]