Mr. Peter Miles reports

SANATANA ANNOUNCES PROPOSED SHARE CONSOLIDATION AND WARRANT EXTENSION

Sanatana Resources Inc. intends to consolidate its common shares in the capital of the company on a one-for-seven basis.

The company currently has 102,542,965 Shares issued and outstanding. Following the proposed share consolidation, the company will have approximately 14,648,995 shares issued and outstanding.

In accordance with the company's articles, shareholder approval will not be required for the proposed share consolidation. The proposed share consolidation has been approved by the company's board of directors but remains subject to the approval of the TSX Venture Exchange.

The company will issue a further news release to announce the effective date of the share consolidation.

The board believes that the share consolidation will provide the company with greater flexibility for the continued development of its business and the growth of the company, including financing arrangements. There is no change of business associated or being effected with respect to the share consolidation. In addition, the company will not be changing its name in connection with the share consolidation.

The company will be obtaining a new Cusip number and ISIN (international securities identification number) for the share consolidation. The record date and effective date of the share consolidation and the new CUSIP number and ISIN will be disclosed in a subsequent news release. The share consolidation is subject to regulatory approval, and the board may, at its discretion, determine to amend the terms or to not move forward with the share consolidation.

Warrant extension

The company also announces that it intends to extend the exercise period of a total of 5.5 million common share purchase warrants exercisable at 15 cents per common share. The warrants were issued pursuant to a private placement, which closed on Dec. 30, 2022. The company proposes to extend the expiry dates for these warrants by one additional year, and, accordingly, the new expiry date for the warrants will be Dec. 30, 2025.

All other terms and conditions of the warrants remain unchanged (except that the warrants will be adjusted by the share consolidation). The warrant extension is subject to acceptance by the TSX-V.

About Sanatana Resources Inc.

Sanatana Resources is a mineral exploration and development company focused on high-impact properties in Canada. With an award-winning technical team and experienced management and board of directors, Sanatana is based in Vancouver and is listed on the TSX-V.

We seek Safe Harbor.