Conquest Resources Announces Adoption of Semi-Annual Reporting
CONQUEST RESOURCES ANNOUNCES ADOPTION OF SEMI-ANNUAL REPORTING
Toronto, Ontario – April 27, 2026 – Conquest Resources Limited (TSX-V: CQR) (“Conquest” or the
“Company”) announces that it has elected to adopt semi-annual financial reporting relying on
Coordinated Blanket Order 51 -933 – Exemptions to Permit Semi -Annual Reporting for Certain
Venture Issuers (the “Blanket Order”).
The Company will file interim financial statements and related management’s discussion and
analysis on a semi-annual basis rather than quarterly.
The first interim period for which the Company will rely on the Blanket Order is the three -month
period ending March 31, 2026, for which the Company will not file interim financial statements or
MD&A. The first semi-annual reporting period will be the six-month period ending June 30, 2026. The
Company intends to continue filing on a semi-annual basis.
The Company believes that adopting semi -annual reporting will reduce the administrative and
financial burden associated with quarterly reporting and is consistent with the objective of the
Blanket Order to provide reporting flexibility for venture issuers. The Company expects that the
reduced reporting requirements will allow management to devote additional time and financial
resources toward advancing the Company’s exploration and development activities and other
business objectives.
ABOUT CONQUEST
Conquest Resources Limited, incorporated in 1945, is a mineral exploration company that is
exploring for base metals and gold on mineral properties in Ontario and Finland.
Conquest recently acquired the Valimaki Gold Project in southwestern Finland, a district-scale gold
exploration property with extensive historical exploration and drilling. Valimaki is situated within the
Svecofennian geological domain between two major regional shear zones and hosts o rogenic-style
gold mineralization associated with quartz veining and arsenopyrite -bearing amphibolite -grade
volcanic, sedimentary, and intrusive rocks.
Conquest has completed a high- resolution drone magnetic survey on the Valimaki Project and is
currently geologically mapping the property in detail to establish drill targets. Targets will be drilled
upon receipt of permits.
Conquest holds a 100% interest in the Belfast- TeckMag Project, located in the Temagami Mining
Camp at Emerald Lake, Ontario, which is believed to have exceptional exploration upside for
magmatic sulphide deposits (Cu -Ni-PGE), VMS, IOCG, Iron formation hosted Au and Paleo -placer
Au.
The Belfast-TeckMag Project evolved from the Golden Rose Project, which was initially acquired in
December 2017, and significantly augmented through the acquisition of Canadian Continental
Exploration Corp. (“CCEC”) in 2020 and subsequent additional claim staking and purchases .
Conquest now controls over 300 square kilometers of underexplored territory in the Temagami
Mining Camp, including the past producing Golden Rose Mine at Emerald Lake.
Conquest also holds a 100% interest in the Alexander Gold Property located immediately east of the
Red Lake and Campbell mines in the heart of the Red Lake Gold Camp along the important “Mine
Trend” regional structure. Conquest’s property is almost entirel y surrounded by Evolution Mining
landholdings.
In addition, the Company holds interests in the Smith Lake Gold Property near Missinaibi, Ontario,
and the King Bay Gold Property at Sturgeon Lake, in northwestern Ontario.
Conquest has 154,477,106 shares outstanding.
FOR FURTHER INFORMATION CONTACT:
www.ConquestResources.com
Tom Obradovich
President & Chief Executive Officer
416-985-7140
Cautionary Statement Regarding Forward -Looking Information
Certain statements included in this press release constitute forward -looking information or statements (collectively,
“forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”,
“estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or
its management. The forward- looking statements are not historical facts but reflect current expectations regarding
future results or events. This press release contains forward loo king statements. These forward- looking statements
and information reflect management's current beliefs and are based on assumptions made by and information
currently available to the company with respect to the matter described in this new release.
Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date
of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ
materially from those expressed or implied by such statements. Additional information about these assumptions and risks
and uncertainties is contained under "Risk Factors" in the Company's latest MD&A filed on April 24, 2026, which is available
under the Company's SEDAR+ profile at www.sedarplus.ca and in other filings that the Company has made and
may make with applicable securities authorities in the future. Forward -looking statements contained herein are made
only as to the date of this press release and we undertake no obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise, except as required by law. We
caution investors not to place considerable reliance on the forward-looking statements contained in this press
release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this n ews release.