Hawthorn Resources Corp Anncounces Appointment of President

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HAWTHORN ANNOUNCES APPOINTMENT OF PRESIDENT

VANCOUVER, B.C. (November 15, 2024) Hawthorn Resources Corp. (CSE: HWTN) (“Hawthorn” or the “Company”) is pleased to announce that Ralph Shearing has been appointed, President, and Director. Mr. Shearing replaces Daniel Joyce who as resigned as CEO and President effective November 15, 2024. Mr. Joyce has been serving Hawthorn since founding the Company in late 2020 and will remain on the Board of Directors. The Board of Directors would like to thank Mr. Joyce for his contributions to the Company and taking Hawthorn through its initial public offering and CSE listing as well as the first phase of exploration on the Broken Handle Project.

Mr. Shearing is an experienced and accomplished exploration and mining executive holding a designation of Professional Geologist registered in Alberta (APEGA). Since 1987 he has held senior executive positions of CEO and/or President with public junior mining and exploration companies, primarily with Luca Mining Corp., a company he founded in 1986 and successfully guided through the exploration and initial development construction phase of the Tahuehueto gold mine located in northwestern Durango México. Currently Mr. Shearing is the CEO of Goldgroup Mining Inc. which operates the Cerro Prieto heap leach gold mine in Sonora State Mexico. Mr. Shearing’s extensive experience of managing junior public companies, guiding project exploration, development and mine construction, combined with his keen insight to identify quality mineral exploration and mining assets are a welcome addition to Hawthorn Resources Corp.

Mr. Shearing comments “I am excited to contribute my 40+ years experience in the mineral exploration and development experience and 35+ years in public company senior management positions to help lead Hawthorn in its exploration of the Broken Handle Project and evaluate potential future acquisitions which if acquired, aim to increase shareholder value. I would like to thank Mr. Joyce for his valued time and contributions to the Company and wish him success in his future endeavors.”

About Hawthorn Resources Corp.

Hawthorn Resources Corp. is a mineral exploration company that will acquire and explore mineral properties. For further information, please refer to the Company’s disclosure record on SEDAR+ (www.sedarplus.ca).

On Behalf of the Board of Directors

Daniel Joyce, Director +1 (778) 222-1973

Forward-Looking Information

Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: the timing of the resumption of trading of Shares on the CSE and the trading symbol of the Shares on the CSE. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The CSE has neither approved nor disapproved the contents of this press release and the CSE does not accept responsibility for the adequacy or accuracy of this release.

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