Mr. Sean Kingsley reports

GOLD HUNTER ANNOUNCES UPSIZE TO NON-BROKERED PRIVATE PLACEMENT

Gold Hunter Resources Inc. has increased the non-brokered private placement previously announced on Dec. 11, 2025, to up to 30 million flow-through units at a price of 5.5 cents per FT unit and up to 90 million non-flow-through units at a price of five cents per hard-dollar unit, for aggregate gross proceeds of up to $6.15-million, of which $1,175,652.04 in gross aggregate proceeds were included in the closing of the first tranche of the offering as disclosed in the company's news release dated Dec. 31, 2025.

Each FT unit will consist of one common share in the capital of the company issued as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and one-half of one share purchase warrant. Each FT warrant will entitle the holder to acquire one share at eight cents for a period of 24 months from issuance.

Each HD unit will consist of one share of the company and one share purchase warrant. Each HD warrant shall entitle the holder to acquire one warrant share at a price of 7.5 cents for a period of 24 months from issuance.

In connection with closing the second tranche of the offering, the company will seek shareholder approval by written consent to comply with Canadian Securities Exchange Policy 4.6(2)(a)(i)(2) as the number of securities issuable in the offering (calculated on a fully diluted basis) is more than 100 per cent of the total number of securities outstanding (calculated on a non-diluted basis). The FT warrants and HD warrants will contain a restriction on exercise whereby the warrants cannot be exercised until the company obtains shareholder approval.

The company intends to use the net proceeds of the offering for project evaluation, for general working capital purposes, and to satisfy existing property commitments and payables.

The closing of the offering is subject to receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange. The securities issued under the offering will be subject to a statutory hold period ending on the date that is four months plus one day from the date of issuance in accordance with applicable securities laws. Finders' fees may be payable in accordance with CSE policies.

About Gold Hunter Resources Inc.

Gold Hunter is a Canadian mineral exploration company dedicated to acquiring and advancing high-potential precious and base metal projects. The company employs a data-driven exploration strategy, merging modern techniques with historical data to unlock district-scale opportunities. The Great Northern project, covering 26,237 hectares and over 35 kilometres of strike length along the prospective Doucers Valley fault structure, is the company's flagship asset. Within the Doucers Valley fault, there has been identified 50-plus-kilometre potential splays and secondary faults with known mineralization and potential for additional mineralization.

We seek Safe Harbor.