Mr. Nicholas Rodway reports

HM MOBILIZES FOR PHASE ONE PROGRAM AT THE DEVILS DEN PROJECT

HM Exploration Corp. has mobilized its phase 1 exploration campaign at its Devil's Den project located west of Port Alberni, B.C.

The phase 1 exploration program will consist of a project-wide unmanned aerial vehicle drone geophysical (magnetic) survey and prospecting of high-grade showings discovered during the previous exploration campaign. The planned geophysical survey will be flown at 50- to 100-metre line spacing at a flight height of approximately 50 m using a drone-deployed potassium magnetometer. This approach leverages modern UAV technology to acquire high-resolution magnetic data in a time and cost-efficient manner. The flight plan has been designed to cover historical and recently discovered high-grade copper mineralization, as well as areas with limited historical exploration. The high-resolution data will be used to better define faults and structures that are presumed to be acting as fluid corridors for the mineralization seen at surface.

"After three long years of hard work, the team at HM Exploration is thrilled to have its shares publicly tradable on the Canadian Securities Exchange," said the company's president and chief executive officer Nicholas Rodway. "Now, we are eager to get out in the field and execute our first geophysical program. We look forward to presenting the results as they become available."

Private placement

HM Exploration is also pleased to announce a non-brokered private placement for aggregate gross proceeds of up to $140,000 from the sale of up to 1.4 million flow-through shares of the company at a price of 10 cents per FT share. The company intends to use the proceeds from the offering toward exploration on the project.

The gross proceeds from the sale of the FT shares will be used by the company to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures as such terms are defined in the Income Tax Act (Canada) related to the company's project. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares, effective Dec. 31, 2025.

HM Exploration anticipates that insiders may subscribe for a portion or all of the offering. The participation of insiders in the private placement would constitute a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). If applicable, the company expects to rely on exemptions from the formal valuation requirements of MI 61-101, pursuant to Subsection 5.5(b) of MI 61-101 (as the company's common shares are listed on the Canadian Securities Exchange), and from the minority shareholder approval requirements of MI 61-101, pursuant to Subsection 5.7(1)(a) of MI 61-101 (as neither the fair market value of the FT shares to be issued to insiders, nor the consideration to be paid by insiders pursuant to the placement is expected to exceed 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101).

The FT shares will be subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing date of the offering.

The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the Canadian Securities Exchange.

National Instrument 43-101 disclosure

Nicholas Rodway, PGeo (licence No. 46541) (permit to practice No. 100359), is chief executive officer and director of the company, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Rodway has reviewed and approved the technical content in this release.

About HM Exploration Corp.

HM Exploration is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Canada. The company is currently advancing the Devil's Den project, an exploration-stage exploration project that consists of two contiguous claims totalling approximately 3,200 hectares, located on Vancouver Island, British Columbia. The company conducted an exploration program on the project in 2022, and four geochemical grids were established to identify possible buried mineralization in areas of possible anomalous gold, copper and other minerals. Multiple high-grade mineral occurrences were uncovered, including copper values of up to 4.68 per cent at surface (Devil's Den National Instrument 43-101, November, 2022). The project hosts multiple historical adits with high-grade surface occurrences that remain undrilled. HM Exploration believes that there has been a lack of adequate modern exploration techniques applied to the project in the past, and this presents the opportunity for significant new discoveries.

We seek Safe Harbor.