Vartan Korajian Acquires 12.49% Stake in Tana Resources Corp. Through Debt Settlement

Vancouver, BC – October 30, 2026 – Leads & Copy – Vartan Korajian has acquired ownership of 2,000,000 common shares of Tana Resources Corp. (CSE: TANA), representing approximately 12.49% of the issued and outstanding shares. The acquisition, which took place on October 29, 2026, involved shares valued at $0.05 each, totaling $100,000. These shares were acquired in settlement of indebtedness owed to Korajian for accrued management fees under a debt settlement agreement completed on the same date.

The shares were issued from treasury and not purchased through any marketplace facilities. Prior to this acquisition, Korajian held 1,586,250 common shares, which constituted approximately 8.42% of the then 18,850,000 issued and outstanding common shares.

Following the acquisition, Korajian's holdings increased to 3,586,250 common shares. This new total represents approximately 12.49% of the current 28,723,763 issued and outstanding common shares of Tana Resources Corp. Korajian confirmed that he does not own or control any securities that are convertible into common shares.

Korajian currently serves as the Chief Executive Officer and a director of Tana Resources Corp. The shares were acquired to settle existing debt and are being held for investment purposes. He indicated that his ownership of Tana Resources Corp. securities may increase or decrease in the future, depending on market conditions and other factors. He may engage in such transactions through the open market, private agreements, or other means.

Korajian stated that he 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, other than what has been disclosed in this announcement.

This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. This regulation mandates the filing of a report with the applicable securities regulatory authorities that contains additional information regarding these matters. This report is referred to as the “Early Warning Report”. A copy of the Early Warning Report will be made available on Tana Resources Corp.'s profile on SEDAR+ at www.sedarplus.ca.

The head office of Tana Resources Corp. and the office of Vartan Korajian are both located at 830 – 1100 Melville Street, Vancouver, BC V6E 4A6.

Source: Tana Resources Corp.