Mr. Joness Lang reports

CANTER RESOURCES ANNOUNCES SHARE CONSOLIDATION

Subject to regulatory approval, Canter Resources Corp. intends to effect a consolidation of the company's issued and outstanding common shares on the basis of seven existing shares for one new share.

The consolidation is being undertaken to enhance the company's capital structure, improve trading liquidity, and better position Canter for strategic partnerships and growth at both the asset and corporate levels.

The company currently has 57,198,401 shares issued and outstanding. Upon completion of the consolidation, the company will have approximately 8,171,200 shares issued and outstanding, subject to rounding.

No fractional shares will be issued as a result of the consolidation. Any fractional interest in shares that is less than 0.5 of a share resulting from the consolidation will be rounded down to the nearest whole share, and any fractional interest in shares that is equal to or greater than 0.5 of a share will be rounded up to the nearest whole share. The exercise or conversion price of, and the number of shares issuable under, any convertible securities of the company will be proportionately adjusted upon the completion of the consolidation.

The company will obtain a new Cusip and an ISIN for the consolidation. The record date and effective date of the consolidation, and the new Cusip and ISIN will be disclosed in a subsequent news release.

Notwithstanding the foregoing, the board of directors of the company may, at its discretion, determine to amend the terms or to not move forward with the consolidation.

The company's name and trading symbols will remain unchanged.

Registered shareholders will receive a letter of transmittal with instructions on how to exchange their share certificates. Non-registered shareholders holding shares through a brokerage account will have their positions adjusted automatically.

About Canter Resources Corp.

Canter Resources is a junior mineral exploration company advancing the Columbus lithium-boron project and the Railroad Valley lithium-boron project in Nevada, United States. The company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment and plans to leverage the company's critical-metal-targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the technology and domestic clean energy supply chains in North America.

We seek Safe Harbor.