17:22:24 EDT Mon 05 Oct 2026
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Archon Minerals Ltd
Symbol ACS
Shares Issued 54,416,758
Close 2026-09-21 C$ 0.085
Market Cap C$ 4,625,424
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Archon Minerals adopts semi-annual financial reporting

2026-10-05 14:20 ET - News Release

Subject: Archon Minerals - news release PDF Document

File: Attachment news release 2026.10.05.pdf

Archon Minerals Limited #506 889 West Pender Street

Vancouver, BC, V6C 3B2 Tel: 604-682-3303

ARCHON ADOPTS SEMI-ANNUAL FINANCIAL REPORTING AND APPOINTS DIRECTOR

October 5, 2026 Vancouver, British Columbia TSX.V: ACS

Archon Minerals Limited ("Archon" or the "Company") announces that it will move to semi-annual financial reporting as permitted by Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the "Blanket Order"). By adopting semi-annual financial reporting, the Company aims to reduce the administrative and financial burden associated with quarterly reporting.

Under the Blanket Order, Archon will be exempt from filing interim financial reports and related management's discussion and analysis ("MD&A") for its first and third quarters. Accordingly, Archon will not file interim financial statements and related MD&A for the three-month period ending August 31, 2026 and the nine-month period ended February 28, 2027.

The Company further announces that it has appointed Melody Yiu to the board of directors. Ms. Yiu is a corporate and securities lawyer with considerable knowledge of the mining industry, with over a decade's experience with the Ekati diamond mine in particular. She was previously a director of Archon from 2023 to 2025.

This news release is being filed pursuant to the Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

For more information, please contact: Stewart Blusson, President and CEO Tel: 604-682-3303

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. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

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