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VERT.V ·

Vertical Exploration Appoint s Raphael Gaudreault to Advisory Board

Management Changes

Suite 1240- 789 West Pender St.

Vancouver, British Columbia V6C 1H2

Vertical Exploration Appoint s Raphael Gaudreault to Advisory Board

August 5th, 2022, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. (TSX-V: VERT)

(“Vertical” or the Company”) is pleased to announce the appointment of Mr. Raphael Gaudreault

to its Advisory Board.

Mr. Gaudreault is part of the senior management team at Arianne Phosphate Inc. (Arianne), and

currently serves as Arianne’s Chief Operating Officer. Previous to his role at Arianne, Raphael

served as the Mine Optimization Specialist at IAMGOLD Corporation.

Mr. Gaudreault graduated from Laval University with a degree in Mining Engineering (2004) and

a certificate in Business Administration from Mount Saint Vincent University (2005). Throughout

his career, Mr. Gaudreault has held operational positions focused primarily on open pit mine

development and optimization. Previous to his role at IAMGOLD, Raphael worked on two

expansions of ArcelorMittal’s Mont-Wright operation. Mr. Gaudreault is a member of the Ordre

des Ingénieurs du Québec and came to Arianne Phosphate Inc. with extensive knowledge of

Arianne’s Lac à Paul phosphate mining project in Quebec, having previously worked at Arianne

as its Mining Director.

Mr. Gaudreault is also currently acting as a technical advisor for Quebec Iron Ore and is

providing consulting services for IAMGOLD's Corporate Office as well as their Westwood and

Côté Gold mines. Finally, Raphael is also one of the co-founders and Director of Engineering at

Airth.io.

Peter P. Swistak, President/CEO of Vertical Exploration Inc., commented, “We are very happy

to have Mr. Gaudreault join our Vertical team. Raphael’s extensive knowledge of mine

development and optimization, as well as his experience gained through working on a range of

mining industry projects brings significant technical expertise to Vertical. Raphael is also very

aware, and supportive of, the large-scale three-year research partnership agreement that we

recently signed with Arianne and Agrinova (see Vertical’s June 1st, 2022, news release), to

assess the potential benefits of combining Vertical’s premium St-Onge wollastonite with

Arianne’s high purity phosphate into new slow-release natural fertilizers and agronomic products

for a range of environmental, forestry and agricultural operations. We are excited about our

ongoing research partnership with Arianne and Agrinova, and Raphael’s presence on our

advisory board will help ensure the project and partner benefits are maximized.”

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/CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995

Toll-Free: 1-888-945-4770

Neither the TSX Venture Exchange nor it’s Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accept responsibility for the

adequacy or accuracy of this release.