Mr. Clive Brookes reports

GOLDCANA ANNOUNCES FORWARD SHARE SPLIT

Goldcana Resources Inc.'s board of directors has approved a two-for-one forward stock split of the company's issued and outstanding common shares. Under the stock split, each holder will receive one additional common share for each common share held as of the close of business on the record date.

The company currently has 11,268,000 common shares issued and outstanding. Following completion of the stock split, the company expects to have 22,536,000 common shares issued and outstanding.

The company has established Aug. 19, 2026, as the record date for the stock split. The common shares are expected to begin trading on a poststock split basis on the Canadian Securities Exchange (the CSE) at the opening of trading on the record date, subject to final confirmation and acceptance by the CSE. The company is undertaking the stock split to increase the liquidity and marketability of the common shares.

The stock split remains subject to acceptance of the CSE, and satisfaction of all applicable corporate, regulatory and transfer agent requirements.

The number and exercise or conversion price of outstanding stock options, warrants and other securities convertible into or exercisable or exchangeable for common shares will be adjusted proportionately in accordance with their governing terms and the stock split ratio.

The stock split is expected to be implemented on a push-out basis through Endeavor Trust Corp., the company's transfer agent. Shareholders will not be required to surrender existing share certificates or direct registration system (DRS) advices and will not be required to take any action in order to receive the additional common shares issuable pursuant to the stock split. Following completion of the stock split, the transfer agent will distribute the additional common shares to registered shareholders through the issuance of additional share certificates and/or DRS advices, as applicable.

The stock split is not expected to result in any change to the company's name, trading symbol, Cusip or ISIN.

About Goldcana Resources Inc.

The company is engaged in the identification, acquisition, exploration and development of mineral resource projects.

The company holds the exclusive option to acquire a 100-per-cent interest, subject to net smelter returns royalties ranging from 2 per cent to 3 per cent, in the Triple F gold project, which consists of eight mineral claims covering approximately 851 acres located in the Nicola and Vernon mining divisions, British Columbia, approximately 28 kilometres northwest of Kelowna.

We seek Safe Harbor.