File: '\\swfile\EmailIn\20250411 152543 Attachment 2025-04-11 HMAN NR Lux close.docx'

Huntsman Exploration Closes Lux Lake Property Transaction

Vancouver, British Columbia, April 11, 2025 - Huntsman Exploration Inc. (TSXV: HMAN) (the "Company" or "Huntsman") announces that further to its news release of February 27, 2025, it 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 "Purchase Agreement"). The Lux Lake property consists of three mineral claims totaling 10,025 ha within the south-central part of the Rottenstone Domain of Saskatchewan, approximately 80 km due north of La Ronge, Saskatchewan.

Pursuant to the terms of the Purchase Agreement, the Company paid $40,000 to the Vendor and issued to the Vendor 1,750,000 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 1,750,000 common share purchase warrants to the Vendor. Each warrant is exercisable into one common share of the Company at a price of $0.07 per share for a period of five years from the date of issue.

The Property is subject to a 2% gross overriding royalty in favour of the vendor.

On Behalf of the Board of Huntsman Exploration Inc.

Carl Ginn

President and Chief Executive Officer

For more information, please contact 604-678-5308 or info@huntsmanx.com

Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note regarding Forward-Looking Statements

Statements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words "anticipate," "significant," "expect," "may," "will" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, assumptions that general business and economic conditions will not change in a materially adverse manner; that all requisite approvals will be received, and all requisite information will be available in a timely manner. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, risks related to unforeseen delays; general economic, market or business conditions, regulatory changes; timeliness of regulatory approvals, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this Forward-Looking Information. The Company does not assume the obligation to revise or update this Forward-Looking Information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.