Mr. Carl Ginn reports

HUNTSMAN EXPLORATION CLOSES $410,000 PRIVATE PLACEMENT

Further to the news release of Feb. 4, 2025, Huntsman Exploration Inc. has closed its non-brokered private placement of 13,666,666 units of the company at a price of three cents per unit for total gross proceeds of $410,000. Each unit consists of one common share and one non-transferable share purchase warrant, each warrant exercisable into one additional common share at a price of five cents per share until Feb. 14, 2027.

The gross proceeds from the issuance of the units will be used for: (i) Canadian property costs; (ii) auditor, transfer agent, legal and accounting costs; (iii) office and administration costs; and (iv) general working capital. No more than 10 per cent of funds are proposed to be paid to non-arm's-length parties, and none of the funds will be used to pay persons conducting investor relations.

All securities issued under the placement will be subject to applicable regulatory holds expiring June 15, 2025.

We seek Safe Harbor.