Waskahigan Oil & Gas Corp. Provides Corporate Update

• The most recent release (April 20, 2026) confirms the completion of a corporate continuation from Alberta to British Columbia and the adoption of new Articles.
• It finalizes the beneficial ownership transfer announced in March 2026, where Ross Ewaniuk acquired 40.65% and Jamil Kassam acquired 28.42% of outstanding shares at $0.20 per share.
• Gregory J. Leia resigned as CEO but remains a director; Ross Ewaniuk is now Interim CEO.
• This news serves as the administrative conclusion to the ownership restructuring initiated in March, following the termination of the Terra Metals reverse takeover (RTO) attempt earlier in the year.

• The news is Routine - Positive because it confirms legal finalization of events already priced into the market during March 2026.
• The share price rallied from $0.18 to $0.38 between late March and mid-April upon the initial announcement of Ewaniuk and Kassam's investment; this April release merely closes the notice period loop.
• While it removes lingering legal uncertainty regarding the corporate structure, it does not introduce new assets, revenue streams, or operational milestones.
• The shift to British Columbia jurisdiction is standard for Canadian resource companies but offers no immediate financial benefit.
• Risk-averse investors should note that while control is now consolidated (69% held by two individuals), there is no fundamental change in the underlying asset value compared to March.

• Company: Waskahigan Oil & Gas Corp. is a junior resource company focused on oil and gas assets.
• Flagship Project: No specific flagship project details were provided in the news releases or data. The company appears to be in a transitional phase following the failed Terra Metals RTO.
• Development Status: Currently undergoing corporate restructuring and management change; operational status is unclear without financial statements.