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SRQ.V ·

SRQ Resources Grants Stock Options

Share Capital & Compensation

132 – 1320 Graham Blvd.

Mont Royal Quebec

H3C 3P8

SRQ RESOURCES GRANTS STOCK OPTIONS

PRESS RELEASE FOR IMMEDIATE RELEASE

Montreal, Quebec, September 18, 2023 – SRQ Resources Inc. (TSXV: SRQ) (“SRQ” or

the “Company) announced today pursuant to its Stock Option Plan and subject to regulatory

acceptance, the Company has granted an aggregate total of 1,945,000 incentive stock

options to certain officers, employees and consultants, subject to certain vesting provisions.

These options will be exercisable at a price of $0.27 per Optioned Share which price is set

30 days from the date of the final bulletin issued by the TSX -V giving final approval of the

Plan of Arrangement of the Company and at the closing price as of that date and shall be

exercisable for a period of ten (10) years from the date of grant and will expire on September

18, 2033.

About SRQ Resources Inc.

SRQ is a Canadian base metals company exploring for nickel, copper, and platinum in the

province of Québec. SRQ owns 900 exploration claims in the Canadian province of Québec,

with Lac Brulé being the most advanced exploration project. The Lac Brulé property consists

of 420 contiguous mining claims covering an area of approximately 23,165 ha, located

approximately 148 km west-northwest of the town of Mont-Laurier, Québec. A near-surface,

Ni-Cu project, Lac Brulé is located on a 230km² virgin exploration property at a five-hour drive

from Montréal. The project’s prospectivity for base metals has been confirmed by geological

mapping, the presence of a surface gossan, and geophysical surveys. The presence of the

historic Renzy Ni -Cu mine located 50 kilometers to the south -east and at the heart of the

large regional pattern further adds to the area’s mineral exploration appeal.

For more information about SRQ, please visit SRQ’s website at http://www.srqexploration.com

FOR FURTHER INFORMATION, PLEASE CONTACT:

SRQ RESOURCES INC.

Dr. Marc-Antoine Audet, President and CEO

Tel: (514) 726-4158

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 release.