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Huntsman Grants Stock Options

Share Capital & Compensation

Huntsman Grants Stock Options

Vancouver, British Columbia, February 26, 2021 – Huntsman Exploration Inc. (TSXV: HMAN;

US:BBBMF) (the “Company” or “Huntsman”) announces that it has granted incentive stock options under

its stock option plan to directors, officers and consultants of the Company authorizing the purchase of 375,000

common shares at a price of $0.25 per share for a period of three years from the date of grant. The options are

subject to acceptance of the TSX Venture Exchange.

On Behalf of the Board of Huntsman Exploration Inc.

Peter Dickie

President and Chief Executive Officer

For more information, please contact 1-855-584-0160 or [email protected].

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.