Mr. Kevin Brewer reports

WALKER LANE PROVIDES UPDATE ON LATE FILING OF FINANCIAL STATEMENTS

Walker Lane Resources Ltd. continues to work diligently toward the completion and filing of the company's annual audited financial statements and management discussion and analysis for the fiscal year ended Sept. 30, 2025. The company is actively working on various strategies that they expect will resolve the preparation of the required filings as quickly as possible.

The required filings are due to be filed by March 30, 2026. In connection with the anticipated delays in making the required filings, the company made an application for a management cease trade order (MCTO) under NP 12-203 to the British Columbia Securities Commission, as principal regulator for the company, and the MCTO was issued on Jan. 29, 2026. The MCTO restricts all trading by the company's chief executive officer and chief financial officer in securities of the company, whether direct or indirect. The MCTO does not affect the ability of persons who are not directors, officers or insiders of the company to trade their securities. The MCTO will remain in effect until the required filings are filed or until it is revoked or varied.

The company expects to proceed with the filing of its interim first quarter financial statements shortly after the required filings have been completed and submitted.

The company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing biweekly default status reports in the form of a news release until it meets the required filings requirement. The company has not taken any steps toward any insolvency proceeding and the company has no material information relating to its affairs that has not been generally disclosed.

About Walker Lane Resources Ltd.

Walker Lane Resources is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane gold trend district in Nevada and the Rancheria silver district in Yukon/British Columbia and other property assets in Yukon. The company intends to initiate an aggressive exploration program to advance its projects through drilling programs with the aim of achieving resource definition in the near future.

We seek Safe Harbor.