StrategX Elements Corp. Announces Extension of Non-Brokered Private Placement

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") announces that it is extending the deadline of its previously announced non-brokered private placement (the "Offering") of units ("Units") of the Company to raise up to $900,000, as described in its news releases dated June 18, 2026 and July 16, 2026, to September 30, 2026.

The Company closed a first tranche of the Offering, raising an aggregate $333,856.35 through the issuance of 2,225,709 Units at a price of $0.15 per Unit, on July 15, 2026.

The Offering remains open, and the Company expects to complete one or more additional tranches prior to September 30, 2026.

Each Unit consists of one common share and one-half of one transferable common share purchase warrant, with each whole warrant exercisable to purchase one additional common share of the Company at $0.25 for a period of 36 months from the date of issuance.

The net proceeds from the Offering will be used to advance exploration activities on the Melville Peninsula, including geological field programs, target development, community engagement initiatives, and for general working capital purposes.

All securities issued pursuant to the Offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws and CSE policies.

The Company may pay finder's fees to eligible finders in connection with portions of the Offering, in accordance with applicable securities laws and CSE policies.

StrategX is a Canadian critical minerals exploration company currently focused on discovering and advancing district-scale mineral systems in northern Canada.

Its flagship Na g vaak Project, located on the Melville Peninsula in Nunavut, hosts a large-scale critical minerals system prospective for nickel, copper, cobalt, vanadium, graphite, and silver.

The Company is advancing a portfolio of high-priority exploration targets through systematic, cost-effective exploration programs conducted in collaboration with its Inuit partners and local communities.

StrategX believes the Melville Peninsula represents one of Canada's emerging critical minerals districts and is strategically positioned to contribute to secure North American supply chains supporting electrification, energy security, and advanced manufacturing.