Mr. Kenneth MacNeill reports

EARLY WARNING REPORT FILED PURSUANT TO NATIONAL INSTRUMENT 62-103

This news release is being disseminated as required by National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the acquisition of securities of Wescan Goldfields Inc. by Kenneth E. MacNeill (the acquiror).

As of Dec. 22, 2025, there are 53,684,320 issued and outstanding common shares of Wescan. Mr. MacNeill currently has beneficial ownership and control over an aggregate of 9,832,711 common shares as a result of an acquisition of one million common shares through the TSX Venture Exchange on Jan. 2, 2025. Mr. MacNeill's current shareholdings represent an aggregate ownership of approximately 18.3 per cent of the outstanding and issued common shares (on a non-diluted basis).

On Nov. 9, 2015, Mr. MacNeill acquired five million common shares through a private placement of 17.5 million common shares at the offering price per common share of two cents for aggregate gross proceeds of $100,000.

Immediately following the 2015 private placement, Mr. MacNeill had beneficial ownership and control over an aggregate of 6,532,711 common shares, representing an aggregate ownership of approximately 17.53 per cent (on a non-diluted basis) of the total issued and outstanding common shares as of the date thereof.

On Sept. 6, 2016, Mr. MacNeill acquired 2.3 million common shares through a private placement of 10 million common shares at the offering price per common share of five cents for aggregate gross proceeds of $115,000.

Immediately following the 2016 private placement, Mr. MacNeill had beneficial ownership and control over an aggregate of 8,832,711 common shares, representing an aggregate ownership of approximately 19.86 per cent (on a non-diluted basis) of the total issued and outstanding common shares as of the date thereof and an approximately 2-per-cent increase in shareholdings from the date of the 2015 private placement.

Prior to the 2015 private placement, Mr. MacNeill had beneficial ownership and control over 1,532,711 common shares, representing approximately 7.83 per cent of the total issued and outstanding common shares as of Dec. 31, 2012.

Mr. MacNeill acquired the securities of the company for investment purposes and may, depending on the market and other conditions, increase, decrease or change his beneficial ownership and control over the common shares or other securities of the company through market transactions, private agreements, treasury issuances, exercises of convertible securities or otherwise.

This news release is being issued in accordance with NI 62-103 in connection with the filing of an early warning report dated Dec. 22, 2025. The related early warning report has been filed on SEDAR+ under Wescan's issuer profile.

To obtain a copy of the early warning report filed by Mr. MacNeill, please contact Mr. MacNeill at 306-244-5480 or refer to SEDAR+ under Wescan's issuer profile.