Badlands Announces Effective Date of Share Consolidation

Badlands Announces Effective Date of Share Consolidation

V ANCOUVER, BC, May 22, 2026 – Badlands Resources Inc. (TSXV: BLDS, FSE: B7Q) (“Badlands”

or the “Company”) is pleased to announce that it has received approval from the TSX Venture Exchange

to consolidate the Company’s outstanding common shares on the basis of one new common share for every

three and one-half common shares (the “Consolidation”).

The Consolidation will take effect at the start of trading on May 27, 2026, and the Company will trade

under the new CUSIP/ISIN numbers 056600208/CA0566002089. As a result of the Consolidation, the

11,307,265 common shares issued and outstanding prior to the Consolidation will be reduced to

approximately 3,230,647 common shares. Each shareholder’s percentage ownership in the Company and

proportionate voting power will remain unchanged after the Consolidation, except for minor changes and

adjustments resulting from the treatment of any fractional common shares. As a result of the Consolidation,

if a shareholder becomes entitled to receive a fraction of a common share, such fractional share, if less than

one-half, will be rounded down to zero (and cancelled) and, if equal to or greater than one -half, will be

rounded up to one and added to the number of shares to be held by the shareholder.

In connection with the Consolidation, the Company’s registrar and transfer agent, Endeavor Trust

Corporation, will send letters of transmittal to registered holders of its common shares for use in

transmitting their existing share certificates (“ Existing Certificates ”) to new certificates (“ New

Certificates”) representing the number of post-Consolidation common shares to which each shareholder is

entitled.

No delivery of a New Certificate to a shareholder will be made until the shareholder has surrendered its

Existing Certificates. Until surrendered, each Existing Certificate shall be deemed for all purposes to

represent the number of post-Consolidation common shares to which the holder is entitled.

On Behalf of the Board of Directors

BADLANDS RESOURCES INC.

R. Dale Ginn, President and CEO

For further information, please contact:

R. Dale Ginn

Tel: 604-678-5308 | [email protected]

Or visit our website: www.badlandsresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note regarding Forward-Looking Statements

Statements contained in this press release that are not historical facts are “forward-looking information” or “forward-

looking statements” (collectively, “Forward -Looking Information”) within the meaning of applicable Canadian

securities legislation and th e United States Private Securities Litigation Reform Act of 1995. Forward -Looking

Information includes, but is not limited to, statements respecting completion of the Consolidation and the conditions

thereto. The words “anticipate,” “significant,” “expect, ” “may,” “will” and similar expressions are intended to be

among the statements that identify Forward-Looking Information. Forward-Looking Information is subject to known

and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied

by the forward-looking information. In preparing the Forward-Looking Information in this news release, the Company

has applied several material assumptions, including, but not limited to, assumptions that general busines s and

economic conditions will not change in a materially adverse manner; that all requisite approvals will be received and

all requisite information will be available in a timely manner. Factors that may cause actual results to vary materially

include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral

deposits, currency fluctuations, unanticipated operational or technical difficulties, risks related to unforeseen delays;

general economic, market or business conditions, regulatory changes; timeliness of regulatory approvals, the risks of

obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial

markets and the inability to raise financing. Readers ar e cautioned not to place undue reliance on this Forward -

Looking Information. The Company does not assume the obligation to revise or update this Forward -Looking

Information after the date of this release or to revise such information to reflect the occurrence of future unanticipated

events, except as may be required under applicable securities laws.