Badlands Provides Corporate Updates
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS SERVICES
Badlands Provides Corporate Updates
V ANCOUVER, BC, May 26, 2026 – Badlands Resources Inc. (TSXV: BLDS, FSE: B7Q) (“Badlands”
or the “Company”) is pleased to provide the following updates.
Updated Financing Plans
The Company announces the withdrawal of its previously announced non-brokered private placement, as
previously announced on October 23, 2025 , December 8, 2025 and January 16, 2026 . The Company
currently intends to complete a new non-brokered private placement (the “New Financing”) for minimum
gross proceeds of $1,200,000 and will provide further details, including respecting pricing, which will be
determined in the context of the prevailing market price of the Company’s shares, in a subsequent news
release following completion of its recently announced 3.5:1 share consolidation (the “ Consolidation”).
See the Company’s news releases dated May 11, 2026 and May 25, 2026 for further details regarding the
Consolidation.
Bella Sale and Goliath Property Acquisition
The Company also confirms that it continues to pursue completion of the previously announced sale of its
Bella property (the “ Bella Sale”) and the acquisition of the Goliath property located in the District of
Kenora, Northwestern Ontario (the “Goliath Property”). Completion of each transaction remains subject
to receipt of all requisite approvals, including the approval of the TSX Venture Exchange and, in respect of
the Bella Sale, approval of shareholders of the Company. There is no guarantee that either transaction will
be completed as proposed or at all. For further information respecting the Bella Sale and the Goliath
Property acquisition, please see the Company’s news releases dated June 2, 2025, September 24, 2025 and
October 21, 2025.
The securities described herein have not been, and will not be, registered under the United States Securities
Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered
or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation
S under the U.S. Securities Act) except in compliance with the registration requiremen ts of the U.S.
Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This news release
does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any
jurisdiction in which such offer or sale would be unlawful.
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, the Company’ s
intention to complete a private placement financing, complet ion of the Goliath Property acquisition, completion of
the Bella Sale, receipt of requisite approvals and the conditions thereto. The words “anticipate,” “intends,” “plans,”
“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, uncertaintie s 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 business and economic conditions will not
change in a materially adverse manner; all requisite approvals, including the approval of the TSX Venture Exchange
for the Consolidation, the financing and the Goliath Property acquisition, will be receive d in a timely manner; the
Company will be able to raise the minimum financing proceeds on acceptable terms; and shareholder approval will
be obtained for the Bella Sale. Factors that may cause actual results to vary materially include, but are not limited to:
inability to complete the financing on acceptable terms or at all; failure to obtain shareholder approval f or the Bella
Sale; failure to obtain requisite regulatory approvals; counterparty risk under the Goliath Property acquisition;
inaccurate assumptions concerning the exploration for and development of mineral deposits; currency fluctua tions;
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 are 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.