Vertical Closes Financing

Suite 1240- 789 West Pender St.

Vancouver, British Columbia V6C 1H2

VERTICAL CLOSES FINANCING

April 30, 2025, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the

Company”) announces that further to its news release dated April 24, 2025 it has closed a non-brokered private

placement of 6,000,000 units at a price of $0.05 per unit for aggregate gross proceeds of $300,000 (the "Offering").

Each Unit consists of one common share ("Share") and one transferable common share purchase warrant of the

Company ("Warrant"). Each Warrant entitles the Subscriber to purchase one Warrant Share for a 24-month period

after the Closing Date at an exercise price of $0.10 per share.

The Company would like to correct the previously announced acceleration clause. The warrants are subject to an

acceleration clause, in the event that the trading price of the Shares on the Toronto Stock Exchange, Venture

Market (the “TSXV”) reaches $0.30 or more for a period of thirty consecutive trading days, not $0.25 or more for

a period of ten consecutive days as previously announced , the Corporation may, at its option, accelerate the

Warrant Expiry Date by delivery of notice to the registered holders (an “Acceleration Notice”) thereof and issuing

a press release (a “Warrant Acceleration Press Release”, and, in such case, the Warrant Expiry Date shall be

deemed to be 5: 00 p.m. (Vancouver time) on the 30th day following the later of (i) the date on which the

Acceleration Notice is sent to warrant holders, and (ii) the date of issuance of the Warrant Acceleration Press

Release.

In connection with private placement, the Corporation paid cash finder’s fees to arm’s length parties, totalling

$24,000 and issued 480,000 non- transferable common share purchase warrants (“Finder’s Warrants ”). Each

warrant is exercisable into one common share of the Corporation at a price of $0 .10 per Finder’s Warrant for a

period of 24 months from the closing date.

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

working capital.

Although conditionally approved, this offering is subject to TSX Venture Exchange final 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.