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STRM.V ·

Storm Cancels Stock Options

Share Capital & Compensation

40638.164008.NNH1.26013094.3

News Release

August 30, 2024

TSX-V: STRM

Storm Cancels Stock Options

Vancouver, B.C., August 30, 2024 – Storm Exploration Inc. (TSX-V: STRM) (the “Company”)

advises that pursuant to the Company’s Stock Option Plan, the Company and certain non-insiders

of the Company have mutually agreed to cancel certain outstanding stock options. The

cancellation comprises an aggregate of a total of 625,000 options with expiry dates between July

13, 2025 and May 2, 2027 and a weighted average exercise price of $0.56 per share.

About Storm Exploration Inc.

Storm Exploration Inc. is a Canadian mineral exploration company focused on the discovery and

development of economic precious and base metal deposits on four district-scale projects in

northwest Ontario: Miminiska, Keezhik, Attwood and Gold Standard.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy

or accuracy of this release.

For further information, please contact:

Storm Exploration Inc.

+1 (604) 506-2804

[email protected]