Mr. Nicholas Rodway reports

HM EXPLORATION ANNOUNCES $1.5 MILLION LIFE FLOW-THROUGH OFFERING

HM Exploration Corp. intends to complete a non-brokered private placement for gross proceeds of up to $1,500,000.50 from the sale of up to 2,955,666 flow-through units of the company on a charity flow-through basis at a price of 50.75 cents per FT unit under the listed issuer financing exemption (as defined below).

Each FT unit will consist of one flow-through common share and one common share purchase warrant (each, a warrant and collectively, the warrants). Each FT share will qualify as a flow-through share within the meaning of subsection 66(15) of the Income Tax Act (Canada). Each warrant will be exercisable to acquire one common share at a price of 75 cents per warrant share for a period of 24 months from the LIFE closing date (as defined below). The warrant shares underlying the FT units will not qualify as flow-through shares under the Tax Act. The warrants to be issued pursuant to the LIFE offering will not be listed for trading on any stock exchange. The LIFE offering is expected to close on or about April 18, 2026, or such other date as determined by the company, such date being no later than 45 days from the date hereof.

The FT units will be sold on a structured basis whereby the company will issue the FT shares and warrants comprising the FT units to purchasers purchasing as principals and/or to an agent for one or more disclosed principals. The FT shares and warrants comprising the FT units will then immediately be sold to one or more back-end buyers.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus Exemptions (NI 45-106), the LIFE offering is being made to purchasers resident in all provinces and territories of Canada except for Quebec pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

There is an offering document related to the LIFE offering that can be accessed under the company's issuer profile on SEDAR+ and on the company's website.

The gross proceeds of the LIFE offering will be used to incur Canadian exploration expenses that are flow-through critical mineral mining expenditures, within the meaning of the Tax Act, on the company's Lewis Pilley's project located in Newfoundland, as more particularly set out in the offering document.

The company may pay finders' fees in connection with the LIFE offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Completion of the LIFE offering is subject to customary conditions and the receipt of all necessary approvals.

About HM Exploration Corp.

The company is currently advancing the Devil's Den project, an exploration-stage property consisting of two contiguous claims totalling 3,200 hectares on Vancouver Island, British Columbia. The company also controls the Lewis Pilley's project in Newfoundland, a 42.25-square-kilometre land package hosting a cluster of volcanogenic massive sulfide (VMS) systems and the historic Pilley's Island mine (approximately 450,000 tonnes of ore produced in the late-1800s).

We seek Safe Harbor.