OREX MINERALS Business Summary

Orex Minerals Inc. (ORMNF) is a Canadian junior mineral exploration company primarily focused on the acquisition and evaluation of high-potential precious and base metal properties. The company operates through a single business segment—mineral exploration—and generates value by advancing projects through geological discovery and strategic joint ventures rather than direct production revenue. Its core portfolio is concentrated in the prolific silver-gold trends of Mexico, featuring the Sandra and Valenciana projects, alongside the Jumping Josephine gold project in British Columbia, Canada. As of February 2026, Orex is actively transitioning its asset base, notably finalizing the sale of its 38.79% interest in the Coneto Silver-Gold Project to Silver Viper Minerals and Fresnillo plc. Within the competitive landscape of micro-cap explorers, Orex competes with firms such as Blackrock Silver Corp., Richmond Minerals, and Globex Mining Enterprises, positioning itself as a lean, partnership-driven explorer that leverages the technical expertise of the Belcarra Group to mitigate early-stage risk. The company’s leadership is spearheaded by President and CEO John Eren, a corporate development specialist with over two decades of experience in financing resource companies, who assumed the role in September 2024. He is supported by Chief Financial Officer Rakesh Malhotra, a CPA with 30 years of experience in strategic finance and internal controls across the mining and multinational sectors. Technical oversight is maintained by Ben Whiting, a professional geoscientist and the company's "Qualified Person," who previously served as CEO and brings over 35 years of international exploration pedigree. The board is chaired by Adam Cegielski and includes strategic directors such as Chris Beltgens and Stephen Cope, the latter of whom also serves as CEO of Silver Viper Minerals. Notable institutional backing and historical investment from high-profile mining financiers like Eric Sprott and Robert L. Gipson underscore the company's standing within the junior mining investment community.