Ottawa, Ontario--(Newsfile Corp. - September 3, 2026) - NeoTerrex Minerals Inc. (TSXV: NTX) (the "Company" or "NeoTerrex") is pleased to announce, subject to the acceptance of the TSX Venture Exchange, the appointment of Mr. Fayçal Salek, CPA, as Chief Financial Officer ("CFO") and Mr. Dale Burstall, a Director of the Company, as Corporate Secretary, effective today.

Mr. Vatche Tchakmakian advised the Company of his intention to retire and has stepped down from his position as CFO and Corporate Secretary.

"On behalf of the Board and management, I would like to sincerely thank Vatche for his significant contributions to NeoTerrex since its inception and for his dedication and service over the years," stated Mathieu Stephens, President and Chief Executive Officer of NeoTerrex. "We wish him all the best in his retirement and greatly appreciate his continued support during the transition," stated Mathieu Stephens, President and CEO.

Mr. Stephens added: "I am very pleased to welcome Fayçal as our new CFO. His extensive experience working with Canadian public companies, particularly in financial reporting, securities regulation and corporate governance, will be a valuable addition to NeoTerrex as we accelerate the advancement of the Company's portfolio of mineral exploration projects."

Mr. Fayçal Salek - Professional Biography

Mr. Salek is a Chartered Professional Accountant ("CPA") with over 20 years of experience as a CFO and financial advisor to public and growth-stage companies. He specializes in Canadian public companies, securities regulations, IFRS reporting and corporate governance, and has served as CFO of several public companies.

From 2002 to 2011, he managed audit and advisory engagements at Petrie Raymond, S.E.N.C.R.L., a regional accounting firm, including for mining companies, and from 2016 to 2018, served as Assistant Director of Professional Inspection at the Quebec CPA Order.

Since 2012, he has operated an independent fractional CFO practice, advising public and private companies, including companies in the mineral exploration and mining sectors.

Mr. Salek received his Bachelor of Business Administration in Accounting from the École des Hautes Études Commerciales in Montreal, Quebec, and obtained his CPA designation in 2004.

About NeoTerrex Minerals Inc.

NeoTerrex Minerals Inc. is a Canadian exploration company focused on advancing critical mineral and precious metal projects in Québec. The Company is actively exploring its portfolio of tungsten, copper, gold and rare earth element projects with the objective of creating shareholder value through discovery and development.

For further information, please contact:

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 news release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as "objective", "potential", "proposed" and "will" or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information in this news release includes, but is not limited to, statements or information with respect to the acceptance by the TSX Venture Exchange of the changes to the Company's management and NeoTerrex's future plans, objectives or goals. The forward-looking information is based on a number of factors, expectations and assumptions which have been used to develop such information, and which may prove to be incorrect. Such material factors, expectations and assumptions include, but are not limited, to the acceptance of the Exchange of the changes to the Company's management.

Readers are cautioned that the foregoing list is not exhaustive of all factors, expectations and assumptions which have been used. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such information, including required regulatory or TSX Venture Exchange acceptance. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that the forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. The forward-looking information contained in this news release is made as of the date specified in this news release and the Company does not undertake any obligation to update or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Readers are cautioned not to place undue reliance on the forward-looking information because the Company can give no assurances that they will prove to be correct.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312689

Source: NeoTerrex Minerals Inc.