Vertical Amends Financing

Suite 1240- 789 West Pender St.

Vancouver, British Columbia V6C 1H2

VERTICAL AMENDS FINANCING

July 14th, 2021, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the

Company”) announces that it has amended the financing announced May 4, 2021. The Company has revised the

non-brokered private placement to up to 20 million units at a price of $0.10 per unit for aggregate gross proceeds

of $2,000,000.00 (the "Offering").

Each unit will be comprised of one common share ("Share") and one transferable Share purchase warrant of the

Company ("Warrant"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 12-month

period after the Closing Date at an exercise price of $0.15 per share.

Proceeds raised from the Offering will be used to advance the Company’s St. Onge project in Quebec, for general

working capital.

Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

This offering is subject to TSX Venture Exchange acceptance.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North

America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in

the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

Neither the 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.