Huntsman Exploration Closes $475,200 Private Placement
Huntsman Exploration Closes $475,200 Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES
Vancouver, British Columbia, May 7, 2025 – Huntsman Exploration Inc. (TSXV: HMAN) ( the
“Company” or “Huntsman”) announces that it has closed a non-brokered private placement of 7,920,000
units of the Company (the “ Units”) at a price of $0.06 per Unit for total gross proceeds of $475,200 (the
“Placement”). Each Unit consists of one common share and one non-transferrable share purchase warrant,
each warrant exercisable into one additional common share at a price of $0.10 per share until May 7, 2027.
The gross proceeds from the issuance of the Units will be used for general working capital. No finder’s
fees are payable with respect to the Placement. All securities issued under the Placement will be subject to
applicable regulatory holds expiring September 8, 2025.
This news release does not constitute an offer to sell or solicitation of an offer to sell 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. Se curities Act”) or any state securities laws and may
not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
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 [email protected]
Neither TSX Venture Exchange, the Toronto Stock Exchange no r 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 Info rmation”) 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, assump tions 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. F actors that may cause actual results to vary materially include, but are not
limited to, inaccurate assumptions concerning the explora tion 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 u pdate this Forward-Looking Information after the date of
this release or to revise such information to reflect the oc currence of future unanticipated events, except as may be
required under applicable securities laws.