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CRC.CN ·

Canter Adds Warwick Smith as Strategic Advisor

Management Changes

CANTER RESOURCES CORP.

Suite 918, 1030 West Georgia Street

Vancouver, British Columbia

V6E 2Y3

CANTER ADDS WARWICK SMITH AS STRATEGIC ADVISOR

Vancouver, British Columbia – October 4, 2023 – Canter Resources Corp. (“Canter” or the

“Company”) (CSE: CRC) is pleased to announce that it has appointed Mr. Warwick Smith as a

strategic advisor to the Company. Mr. Smith is an executive leader with decades of experience

in corporate finance and M&A with a focus on the natural resource sector since 1999. Mr. Smith

is currently the CEO of American Pacific Mining Corp. (“American Pacific”), where he has led

multiple M&A transactions and established a diversified portfolio with several major joint-venture

partnerships. American Pacific and Mr. Sm ith have been recognized by S&P Global Platts with

nominations for Deal of the Year (2021) and CEO of the Year (2022), respectively.

Mr. Smith purchased one (1) million Canter shares in the Company’s recently closed private

placement (refer to September 27, 2023 news release). Mr. Smith’s appointment as a strategic

advisor comes at an exciting time for the Company, as Canter is evaluating opportunities to

expand its portfolio and advancing discussions regarding potential battery metals property

additions.

About Mr. Smith

Mr. Smith negotiated the transaction to purchase the past-producing Madison Mine in Montana,

which is under a joint-venture, earn-in agreement with Rio Tinto and was subsequently nominated

for S&P Global Platts Deal of the Year in 2021. More recently, Mr. Smith led American Pacific

through the takeover of Constantine Metal Resources Ltd., which included the high- grade PEA-

stage Palmer VMS Project in Alaska, under partnership with Dowa Metals & Mining Co., Ltd.

Mr. Smith has held numerous executive leadership roles throughout his career, including CEO of

Western Pacific Resources Corp., leading the acquisition of the Deer Trail Mine (now operated

by MAG Silver Corp.).

Mr. Smith is also a sought-after media guest, having been interviewed by Bloomberg, Benzinga,

Mining Journal, Mining Magazine, Northern Miner, Globe and Mail, Kitco News, and S&P Global

Platts, amongst others.

About Canter Resources Corp.

Canter Resources Corp. is a Canadian junior mineral exploration company with an option to

acquire a 60% interest in the Puzzle Lake Property in Saskatchewan, Canada. The property

comprises six mineral claims , covering an area of 3,261ha, located in northeastern

Saskatchewan, 45km southeast of Stanley Mission, Saskatchewan.

On behalf of the Board,

Canter Resources Corp.

Hani Zabaneh, Director and CEO

This news release may include forward -looking statements that are subject to risks and uncertainties. All

statements within, other than statements of historical fact, are to be considered forward looking. Although

the Company believes the expectations expressed in such forward- looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance and actual results or

developments may differ materially from those in forward-looking statements. There can be no assurances

that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation

of such uncertainties. We do not assume any obligation to update any forward- looking statements except

as required under the applicable laws.