Mr. W. Connor MacNeill reports

WESCAN GOLDFIELDS INC. ANNOUNCES MANAGEMENT CHANGES AND STOCK OPTION GRANT

Wescan Goldfields Inc. has made a series of management changes as part of the company's continuing growth and development.

The company announces the appointment of W. Connor MacNeill as president and chief executive officer, effective Feb. 26, 2026, transitioning from his prior role as chief financial officer. W. Connor MacNeill succeeds Ken MacNeill as he transitions from his role as chief executive officer to executive chairman of the company. Ken MacNeill has served as chief executive officer since the company's listing in 2004. The board of directors would like to thank him for his dedication and leadership, and looks forward to his continued involvement with the company in his new role.

W. Connor MacNeill has been actively involved in the company's corporate strategy, capital market activities and financial management. As president and chief executive officer, he will continue to advance Wescan's strategic objectives and oversee the company's continuing operations.

The company also announces the appointment of Jeff Sheppard as chief financial officer. Mr. Sheppard is a graduate of the University of Saskatchewan (BComm) and is a chartered professional accountant (CPA and CA). He has over 15 years of experience in the Canadian junior resource sector, with a strong background in natural resource capital markets, corporate tax, and mergers and acquisitions.

In addition, the company announces that, on Feb. 26, 2026, it has granted an aggregate of 1.9 million stock options to certain directors, officers and consultants of the company pursuant to the company's stock option plan. The options are exercisable at a price of 19 cents per option, subject to the approval of the TSX Venture Exchange. The options will be subject to vesting and expiry terms in accordance with the company's stock option plan and applicable exchange policies.

About Wescan Goldfields Inc.

Wescan Goldfields is a Canadian junior exploration company focused on the exploration and development of gold projects in Saskatchewan's La Ronge gold belt.

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