VANCOUVER, BC / ACCESS Newswire / May 29, 2026 / Gold Basin Resources Corporation ("Gold Basin") (TSXV:GXX) announces updates with respect to the previously announced proposed arrangement (the "Arrangement") with CANEX Metals Inc. ("CANEX"). Reference is made to the arrangement agreement between Gold Basin and CANEX, dated May 11, 2026 (the "Arrangement Agreement"), and the management information circular dated May 14, 2026 in connection with Gold Basin's special meeting (the "Meeting") of shareholders ("Gold Basin Shareholders") to be held on June 4, 2026 with respect to the Arrangement (the "Arrangement Circular").