Orex Minerals Inc. Amends Terms of Non-Brokered Private Placement
OREX MINERALS INC. AMENDS TERMS OF NON-BROKERED PRIVATE
PLACEMENT
Not for distribution to United States news wire services or for dissemination in the United States
VANCOUVER, BC, February 19, 2026 /CNW/ - Orex Minerals Inc. (TSXV: REX) (OTCQB: ORMNF) ("Orex" or
the "Company") is pleased to announce that the Company is amending the terms of its previous ly
announced non-brokered private placement (the "Offering"), which was disclosed in its news release dated
February 2, 2026 (the "Initial News Release").
The hold period applicable to the securities to be issued under the Offering has been amended to twelve
(12) months from the date of issuance, rather than the standard four months and one day hold period
prescribed under applicable Canadian securities laws.
In addition, the Company has revised the anticipated closing date of the Offering, which is now expected to
occur on or before March 4, 2026.
The Company also notes that the Initial News Release incorrectly stated the warrant exercise price. The
correct warrant exercise price is $0.22. This news release should be read in conjunction with the Initial News
Release.
The securities described herein have not been, and will not be, registered under the United States Securities
Act of 1933, as amended (the " U.S. Securities Act"), or any state securities laws, and accordingly, may not
be offered or sold within the United States except in compliance with the registration requirements of the
U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This
news release is not an offer or a solicitation of an offer of securities for sale in the United States, nor will
there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful.
ABOUT OREX MINERALS INC.
Orex Minerals Inc. is a precious and base metals exploration company with projects in Mexico and Canada.
The Company's portfolio includes the Coneto Silver -Gold Project (Durango State, Mexico), in partnership
with Fresnillo PLC, the Sandra Silver-Gold Project (Durango State, Mexico), in partnership with Pan American
Silver Corp., and the Jumping Josephine Gold Project in British Columbia, Canada. Orex is led by an
experienced team of mining and exploration professionals dedicated to v alue creation through s trategic
project advancement and partnerships.
ON BEHALF OF THE BOARD OF DIRECTORS
John Eren
President & CEO
Tania Archer
Corporate Development
For further information, please contact:
Orex Minerals Inc.
Tel: +1 (604) 687-8566
Email: [email protected]
Website: www.orexminerals.com
STAY CONNECTED
X (Twitter): Orex Minerals (@OrexMinerals) / X (twitter.com)
LinkedIn: Orex Minerals Inc. | LinkedIn
Facebook: Orex Minerals | Facebook
FORWARD LOOKING STATEMENTS
This news release may contain forward-looking statements, including statements with respect to the terms
of the Offering, the receipt of regulatory approvals for the Offering, closing of the Offering and use of
proceeds of the Offering. These statements reflect management's current estimates, beliefs, intentions and
expectations; they are not guarantees of future performance. Forward- looking statements address future
events and conditions and therefore involve inherent risks and uncertainties. Such factors include, among
other things: risks and uncertainties relating to exploration and development, the ability of the Company to
obtain additional financing, the need to comply with environmental and governmental regulations,
fluctuations in the prices of commo dities, operating hazards and risks, competition and other risks and
uncertainties, including those described in the Company's financial statements, management discussion and
analysis and/or annual information form available on www.sedarplus.ca. The risk factors identified in such
documents are not intended to represent a complete list of factors that could affect the Company. Actual
results may differ materially from those currently anticipated in such statements and the Company
undertakes no obligation to update such statements, except as required by law.
Neither 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.