Vancouver, BC – TheNewswire – October 29, 2026 / Vartan Korajian (the “Acquiror”) announces that on October 29, 2026 he acquired ownership of 2,000,000 common shares (the “Shares”) of Tana Resources Corp. (the “Issuer”) (CSE: TANA) at a deemed price of $0.05 per Share, for total deemed consideration of $100,000, in settlement of indebtedness owed to him by the Issuer for accrued management fees under the Issuer’s debt settlement completed on October 29, 2026. The Shares were issued from treasury and were not acquired through the facilities of any marketplace.
Immediately before the acquisition, the Acquiror owned 1,586,250 common shares, representing approximately 8.42% of the 18,850,000 issued and outstanding common shares. Immediately after the acquisition, the Acquiror owns 3,586,250 common shares, representing approximately 12.49% of the 28,723,763 issued and outstanding common shares. The Acquiror does not own or control any securities convertible into common shares.
The Acquiror is the Chief Executive Officer and a director of the Issuer. The Shares were acquired in settlement of debt and are held for investment purposes. The Acquiror may, depending on market and other conditions, increase or decrease his ownership of securities of the Issuer, whether in the open market, by private agreement or otherwise. Other than as set out above, the Acquiror has no present plans or future intentions that relate to or would result in any of the matters described in paragraphs (a) to (k) of Item 5 of Form 62-103F1.
This news release is issued under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues , which also requires a report to be filed with the applicable securities regulatory authorities containing additional information with respect to the foregoing matters (the “Early Warning Report”). A copy of the Early Warning Report will be available on the Issuer’s profile on SEDAR+ at www.sedarplus.ca.
The Issuer’s head office and the Acquiror’s office are located at 830 – 1100 Melville Street, Vancouver, BC V6E 4A6.
To obtain a copy of the Early Warning Report, please contact:
Vartan Korajian
Telephone: 778-855-3994
Email: vic@tanaresources.ca
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