File: '\\swfile\EmailIn\20241120 152643 Attachment 241120 NR announcing PP increase.docx'

LEGAL_44791547.3

BUSCANDO INCREASES SIZE OF PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA - November 20, 2024 - Buscando Resources Corp. ("Buscando" or the "Company") (CSE: BRCO.X) is very pleased to announce that, further to its news release dated September 18, 2024, it has increased by 20%, the reserved principal amount of its non-brokered private placement (the "Offering") to 6,000,000 units (the "Units") at a price of $0.10 per Unit, for aggregate gross proceeds of $600,000. Furthermore, the Canadian Securities Exchange has granted an extension to close the Offering until November 25, 2024.

Each Unit consists of one common share in the capital of the Company (the "Shares") and one common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to acquire one common Share (the "Warrant Shares") at an exercise price of $0.15 per common Share for a period of twelve (12) months from the closing date, subject to an acceleration clause in the event the trading price of the Shares equals or exceeds $0.25 for a period of ten (10) consecutive days.

In connection with the Financing, the Company may pay a cash finder's fee of 8% and issue 8% finder's warrants (the "Finder's Warrants"). The Finder's Warrants will be exercisable into common shares for a period of twelve (12) months at an exercise price of $0.15 per common share with the same acceleration clause as the Warrants.

All securities issued in connection with the Offering or subject to a restricted hold period of four months and one day from the date of closing of the Offering under applicable securities legislation.

The Company intends to use the proceeds raised from the Offering for general administrative Company expenses and may be used for exploration work on the Foggy Mountain Copper Project in British Columbia.

The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

The closing of the Offering and the above mentioned Foggy Mountain acquisition are both subject to CSE approval.

About the Company

Buscando Resources Corp. is an exploration company focused on the acquisition, exploration and development of natural resource properties located in Canada. For more information on Buscando please contact the Company (+1 250-877-1394) or visit the website www.buscandoresources.com.

On behalf of the Board of Directors,

BUSCANDO RESOURCES CORP.

"Kyler Hardy"

Chief Executive Officer

Tel: +1 250-877-1394

Email: khardy@cronincapital.ca

This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the completion of the Company's Offering and exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking statements in this news release includes statements related to the Transaction, receipt of all necessary regulatory approvals to the Transaction, satisfaction of the conditions precedent to the Transaction, closing of the Offering, the intended use of proceeds from the Offering, the payment of finders' fees and issuance of securities in connection therewith and related matters. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.