Buchans Resources Announces Adoption of Semi-Annual Reporting

Toronto, Ontario--(Newsfile Corp. - May 7, 2026) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development 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.