Mr. Bahman Yamini reports

CANASIL ANNOUNCES AUDITOR CHANGE

DeVisser Gray LLP has agreed to act as Canasil Resources Inc.'s auditor, replacing its previous auditor, Davidson & Company LLP. DeVisser Gray is a firm of chartered professional accountants, serving clients from a wide range of backgrounds, in particular publicly listed mining and mineral exploration companies.

Davidson & Company is a full-service chartered professional accounting firm, serving clients across Canada and around the world. Davidson & Company have acted as the company's auditor for over 20 years, and the company has never been subject to any adverse audit reports during this period, and Davidson & Company was fully prepared to conduct the current audits. The reason for the auditor change was that Davidson & Company could not fit in the company's current audits until a later date due to prior commitments, and the company had a priority to complete the audits as soon as possible in order to apply for resumption of trading without delay. The company would like to thank the audit partners and teams at Davidson & Company for their exceptional services during this period.

The company is currently subject to a cease trade order (CTO), issued on Dec. 6, 2023, for failure to file the third quarter 2023 financial reports, and its shares are suspended from trading on the TSX Venture Exchange. The company is actively working to complete and file the required financial reports and audits in order to apply for revocation of the CTO and reinstatement for trading.

About Canasil Resources Inc.

Canasil is a Canadian mineral exploration company with a strong portfolio of 100-per-cent-owned silver-gold-copper exploration projects in Mexico and British Columbia, Canada. The company's directors and management include industry professionals with a record of identifying and advancing successful mineral exploration projects through to discovery and further development.

We seek Safe Harbor.