Vertical Signs Exclusivity Agreement

Suite 1240- 789 West Pender St.

Vancouver, British Columbia V6C 1H2

VERTICAL SIGNS EXCLUSIVITY AGREEMENT

October 24, 2024, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. ( TSX-V: VERT) (“Vertical” or

“the Company”) announces it has signed an exclusivity agreement with an international entity regarding the

Company’s St-Onge Wollastonite deposit in Quebec. This exclusivity agreement is limited to exploring potential

applications for enhanced rock weathering (ERW)-focused carbon removal. Due to a confidentiality clause in the

agreement the entity will remain unnamed until such time as an official agreement may be reached.

Wollastonite’s properties make it a very suitable mineral to demonstrate its ability to c apture and permanently

store atmospheric CO 2. When the rock weathers, it releases calcium, magnesium, and silicon, as well as other

major and minor nutrients into the soil which results in higher crop yields, increased pest resistance, and

improvement in the pH of soils , making it very beneficial to farmers while absorbing up to 10 times faster than

comparable silicate minerals.

“We are very pleased to be receiving serious attention from many sources at this time. This exclusivity agreement

is restricted to enhanced rock weathering applications relating to carbon capturing and does not affect ongoing

talks and negotiations with other entities interested in our wollastonite for various other large applications,” stated

Peter Swistak, CEO of Vertical Exploration Inc.

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.

FORWARD-LOOKING STATEMENTS:

This news release contains forward-looking statements, which relate to future events or future performance and reflect

management’s current expectations and assumptions. Such forward-looking statements reflect management’s current

beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned

that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that

may cause future results to differ materially from those expected. These forward-looking statements are made as of the date

hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to

update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press

release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available

at www.sedar.com).