Mr. Carl Ginn reports

HUNTSMAN EXPLORATION CLOSES LUX LAKE PROPERTY TRANSACTION

Further to the news release of Feb. 27, 2025, Huntsman Exploration Inc. has received TSX Venture Exchange acceptance to complete the Lux Lake property acquisition, which will be acquired by the company through a purchase agreement. The Lux Lake property consists of three mineral claims totalling 10,025 hectares within the south-central part of the Rottenstone domain of Saskatchewan, approximately 80 kilometres due north of La Ronge, Sask.

Pursuant to the terms of the purchase agreement, the company paid $40,000 to the vendor and issued to the vendor 1.75 million common share purchase warrants. On or before the first anniversary of the purchase agreement, the company must pay an additional $40,000 and issue an additional 1.75 million common share purchase warrants to the vendor. Each warrant is exercisable into one common share of the company at a price of seven cents per share for a period of five years from the date of issue.

The property is subject to a 2-per-cent gross overriding royalty in favour of the vendor.

We seek Safe Harbor.