Vortex Metals Appoints Renowned Geophysicist Dr. Craig W. Beasley as Technical Advisor

Rhea-AI Summary

Vortex Metals (OTCQB: VMSSF) appointed Dr. Craig W. Beasley as Technical Advisor to support its exploration programs, notably the Phase II program at the Illapel Copper project in Chile. The company granted 200,000 stock options exercisable at C$0.05 per share for five years, vesting quarterly over 12 months.

Dr. Beasley brings over three decades of geophysics and data-integration experience, expected to enhance target generation and regional modelling across Vortex's copper-gold portfolio.

Positive

• Appointed Dr. Craig W. Beasley with >30 years geophysics experience
• Granted 200,000 stock options exercisable at C$0.05 for five years

Negative

• 200,000 stock options could dilute shares if exercised

Vancouver, British Columbia--(Newsfile Corp. - March 10, 2026) - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) (www.vortexmetals.ca) ("Vortex" or the "Company") is pleased to announce the appointment of Dr. Craig W. Beasley, a globally recognized expert in geophysics and natural-resource exploration, as Technical Advisor to the Company.

Dr. Beasley is the founder of Wave Geophysics, L.L.C., where since 1998 he has provided advanced geophysical, geological, and geochemical expertise to clients worldwide. His earlier career includes senior geophysical roles at BHP Minerals and the University of Utah Research Institute, where he contributed to the development of advanced 2-D and 3-D geophysical algorithms. Previously, Dr. Beasley served as a founding member, Executive Vice President of Exploration, and Chief Science Officer at NEOS GeoSolutions.

Dr. Beasley brings more than three decades of leadership, innovation, and hands-on technical expertise across mining, oil and gas, geothermal, and groundwater sectors. He is "a globally recognized technical expert in data processing, interpretation, integration, Earth modeling and data analytics." Dr. Beasley is widely respected for his ability to lead multidisciplinary teams and integrate diverse datasets into actionable exploration insights.

The Company believes that his appointment further strengthens Vortex Metal's strong technical capabilities as the Company advances its exploration portfolio. His ability to acquire, compile, process, model and interpret regional and project datasets to generate exploration concepts and targets using all available data will be crucial to company's success as it embarks on phase II exploration program at its Illapel Copper project in Chile.

"Dr. Beasley's depth of experience, technical vision, and global perspective make him an exceptional addition to our advisory team," said Vikas Ranjan, Co-Founder and Director of, Vortex Metals. "His expertise in integrated geophysical interpretation and exploration strategy will directly support our mission to unlock value across our copper-gold assets."

Dr. Beasley added, "I look forward to contributing to Vortex Metals' exploration initiatives and applying integrated, data-driven approaches to help advance their projects."

The Company is pleased to announce that it has granted Dr. Beasley 200,000 stock options under the Company's omnibus incentive plan (the "Plan").

Each Option is exercisable into one (1) Common share in the capital of the Company (a "Common Share") at a price of C$0.05 per Common Share for a period of five years from the date of grant. The Options vest quarterly in equal tranches over a 12-month period from the date of grant, in accordance with the policies of the TSX Venture Exchange (the "TSXV"). The Options are subject to the terms and conditions prescribed by the Plan, the TSXV, and applicable securities laws.

About Vortex Metals Inc.

Vortex Metals Inc. is a copper-gold focused exploration and development company with a diversified portfolio of exploration projects in Chile and Mexico. Vortex holds an option to acquire up to 80% interest in the brownfield Illapel Copper Project in Chile and through its Mexican subsidiary Empresa Minera Acagold, S.A. de C.V., it owns 100% interest in two drill-ready high-potential copper-gold volcanogenic massive sulfide (VMS) properties, Riqueza Marina and Zaachila in Oaxaca, Mexico. The company emphasizes responsible exploration, community engagement, and environmental stewardship to meet the rising global demand for copper sustainably.

For further information regarding this press release, contact:

Vikas Ranjan,
President and Director
Email: vranjan@vortexmetals.ca

Forward-Looking Statements

This press release may contain forward-looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including permitting approvals, any private placement financings, the uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of the business and operations, plans and references to the Company's future successes with its business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as several factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The Company cautions that mineralization on, or production from, neighbouring properties is no guarantee of the existence of similar mineralization or a guarantee of future production from the Illapel Project.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287838

FAQ

Who is Dr. Craig W. Beasley and why did Vortex Metals (VMSSF) appoint him as Technical Advisor?

Dr. Beasley is a geophysicist with over three decades of experience leading geophysical and data-integration work. According to the company, his expertise in processing, modelling and interpretation will support exploration and target generation at the Illapel Copper project.

What are the terms of the stock options granted to Dr. Beasley by Vortex Metals (VMSSF)?

Vortex Metals granted Dr. Beasley 200,000 options exercisable at C$0.05 per share for five years. According to the company, the options vest quarterly over 12 months under the omnibus incentive plan and TSXV policies.

How will Dr. Beasley's appointment affect Vortex Metals' Phase II exploration at Illapel, Chile (VMSSF)?

His appointment is intended to strengthen technical capability for Phase II exploration by improving data integration and target generation. According to the company, he will compile and model regional and project datasets to refine exploration concepts and targets.

When do the options granted to Dr. Beasley begin vesting and what is the vesting schedule for VMSSF?

The options vest quarterly in equal tranches over a 12-month period from the grant date. According to the company, this vesting schedule follows TSXV policies and ties advisor incentives to near-term engagement.

Does the 200,000 option grant to Dr. Beasley create shareholder dilution for Vortex Metals (VMSSF)?

The options create potential dilution if exercised into common shares at C$0.05 per share within five years. According to the company, the grant is subject to the plan, TSXV rules, and applicable securities laws.