Mr. Brad Kitchen reports

BUSCANDO EVOLVES TO ELEMENT ONE HYDROGEN

Buscando Resources Corp. is changing the company's name to Element One Hydrogen Ltd.

The name change is subject to Canadian Securities Exchange approval and is anticipated to take effect prior to month-end with a new trading symbol (EONE) on the CSE. No transmittal process is required for the name change but the company's common shares will trade under the new Cusip number/ISIN (international securities identification number) (28619V105/CA28619V1058). Odyssey Trust Corp. is the company's transfer agent for its common shares.

"This announcement marks the start of an information marketing plan that the company will be implementing over the next few weeks as we finalize the components to launch our hydrogen development platform. The company's vision is to become an important entrant as a natural hydrogen explorer and developer in North America," stated Kyler Hardy, chairman of the company.

Other corporate updates

The board of directors is pleased to announce the appointment of Brad Kitchen to the position of chief executive officer. Mr. Kitchen takes over this position from Mr. Hardy, who is continuing his support of the company as non-executive chairman of the board. The role of CEO will allow Mr. Kitchen to exercise his extensive experience in successfully developing early-stage resource companies while focusing on providing a comprehensive information program for current and potential shareholders.

"Element One has the opportunity to not only create an impact in the natural hydrogen industry by building a strong company but, because natural hydrogen extraction is a new industry, we will be able to help inform investors about the value potential created by this new industry," stated the company's new CEO, Mr. Kitchen. "This operational focus shift has been created as a result of extensive strategy, planning and implementation that strives to create a multifaceted natural hydrogen company when the near-term rollout is complete. We will have the projects that fit natural hydrogen parameters, new natural hydrogen extraction technologies, and proven management and geological teams. Our marketing plan will both tie directly to our operating plan but also educate investors on the opportunities and potential of this new and important industry."

In other corporate news, the company is pleased to announce it issued 3,050,333 units at 15 cents per unit pursuant to the LIFE exemption for aggregate gross proceeds of $457,550. The company expects to close the balance of the financing prior to month-end. Each unit comprises one common share in the capital of the company and one-half of one common share purchase warrant. Each full warrant will entitle the holder to acquire one additional share at an exercise price of 30 cents per common share for a period of 12 months from the closing date. The company paid finders an aggregate of $7,200 in cash and issued 48,000 warrants in relation to the closing of the first tranche. The finder warrants are exercisable at 15 cents per warrant share for a period of 12 months from the closing date.

About Buscando Resources Corp.

Buscando Resources (Element One Hydrogen) is an exploration company focused on the acquisition, exploration and development of natural hydrogen resource properties and related extraction technologies located primarily in North America.

We seek Safe Harbor.