WesCan Energy Announces Resignation of Chief Executive Officer

Calgary, Alberta--(Newsfile Corp. - September 26, 2023) - WesCan Energy Corp. (TSXV: WCE) ("WesCan" or the "Company") is announcing that it received a letter of resignation from its Chief Executive Officer, Greg T. Busby. Mr. Busby's resignation as Chief Executive Officer of the Company will take effect on November 24, 2023 or such earlier date that the Board of Directors may determine. Mr. Busby has advised the Board of Directors of his willingness to support WesCan during this period of transition to ensure an orderly leadership transition to his successor. The Board of Directors of the Company thanks Mr. Busby for his dedication and service over the period of his employment and wishes him the best in his future endeavours. The Board of Directors of the Company will commence a search for a new Chief Executive Officer immediately following the Company's annual general and special meeting to be held on Thursday, September 28, 2023.

All updates and press releases will be available on the Company's website at www.wescanenergycorp.com.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Greg T. Busby, President & CEO
WESCAN ENERGY CORP.
Tel: (403) 265-9464

John H. Cassels, CFO
WESCAN ENERGY CORP.
Tel: (403) 265-9464

TSX Venture: WCE
www.wescanenergycorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Disclaimer for Forward-Looking Information

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of the Board of Directors of WesCan regarding the timing of Mr. Busby's resignation and the Board of Director's expectations regarding the commencement of a search for his replacement. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that a suitable successor to Mr. Busby is not identified or engaged in a timely fashion. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as otherwise required by law.

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