HM Exploration Announces Listing on OTCQB Venture Market

Executive Summary

• HM Exploration announced the approval and commencement of trading for its common shares on the OTCQB Venture Market under the symbol "HMEXF", effective June 8, 2026, while maintaining existing listings on the CSE and FSE.
• The company is concurrently advancing its maiden drilling program at the Lewis Pilley’s Project in Newfoundland, with three of the first five drill holes successfully intersecting massive, semi-massive, and disseminated sulphide mineralization.
• HM has applied for DTC eligibility to facilitate electronic clearing and settlement for U.S. investors, aiming to enhance liquidity and broaden access to U.S. capital markets.

Key Details

• Exchange Listing: Common shares approved for trading on the OTCQB Venture Market under symbol "HMEXF", effective June 8, 2026. No changes to existing CSE ("HM") or FSE ("X5H") trading.
• Drilling Update: Maiden drilling program at the Lewis Pilley’s Project is active; three of the first five holes have intersected massive, semi-massive, and disseminated sulphide mineralization.
• DTC Eligibility: Company has applied for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States; a separate news release will be issued upon approval.
• Lewis Pilley’s Project Location & Size: Road-accessible project located ~25 km east of Springland, NL, and ~150 km from the Pine Cove Mill and Port. Encompasses ~60.25 km².
• Historical Context: Project has a mining history dating to the late 1800s, when Pilley’s Island Mine produced ~450,000 tonnes of massive pyritic ore.
• Geology & Mineralization: Hosts a cluster of VMS systems with demonstrated high-grade Zn-Pb-Cu-Ag+/-Au intersections. Mineralization is typical bimodal-felsic VMS with massive sulphide and sulphide-clast breccias. Geological setting is directly analogous to the prolific Buchans camp.
• Exploration Plans: Work planned to validate historic assay results and collect new data from the 3B-Zone, Clifford Jones (Bull Road) Extension, Bouzanne Shaft, Henderson, Mansfield, and Pilley’s Cove Showings.
• Devil’s Den Project (BC): HM holds 100% interest in ~3,200 hectares west of Port Alberni, Vancouver Island. 2022 geochemical grids identified copper values up to 4.68% at surface. 2025 Phase One included high-resolution UAV magnetic surveying and lithogeochemistry, identifying new structural targets and zones of elevated Cu, Zn, and Ni.
• Historic Drill Intercepts: 3B-Zone historic drilling returned 16.77m of 1.84% Cu and 3.05m of 5.03% Zn with 1.02 g/t Au.

Notable Quotes

• “Listing on the OTCQB is an important milestone for HM Exploration as we enter the most active period in our Company’s history,” said Nick Rodway, CEO. “We are currently executing our maiden drill program at the Lewis Pilley’s Project, where three of our first five holes have successfully intersected sulphide mineralization. The OTCQB listing means U.S. investors now have direct and accessible participation in HM’s story at what we believe is a pivotal time for the project. We look forward to reporting assay results and continuing to advance our programs.”