HM Exploration lists on OTCQB Venture Market

HM Exploration Announces Listing on OTCQB Venture Market

VANCOUVER, British Columbia, June 10, 2026 (GLOBE NEWSWIRE) -- HM Exploration Corp. (“HM Exploration”, “HM” or the “Company”) (CSE:HM) (FSE:X5H) (OTCQB:HMEXF) is pleased to announce that the Company’s common shares have been approved for trading on the OTCQB Venture Market (the “OTCQB”) under the trading symbol “HMEXF”. The commencement of trading on the OTCQB was effective June 8, 2026. There will be no change to the Company’s trading on the Canadian Securities Exchange (“CSE”) under the symbol “HM” or on the Frankfurt Stock Exchange (“FSE”) under the symbol “X5H”.

Highlights:

• HM Exploration’s common shares approved for trading on the OTCQB Venture Market under the symbol “HMEXF”, effective June 8, 2026.
• The OTCQB listing provides U.S. retail and institutional investors with improved access to the Company’s common shares and enhances liquidity in the U.S. market.
• The Company has applied for eligibility for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States.
• The listing coincides with the Company’s active maiden drilling program at the Lewis Pilley’s Project in Newfoundland, Canada, where three of the first five holes have intersected massive, semi-massive and disseminated sulphide mineralization.

“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 of HM Exploration Corp. “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.”

The OTCQB Venture Market is operated by OTC Markets Group Inc. in New York and is a recognized marketplace for entrepreneurial and development-stage U.S. and international companies. The OTCQB provides U.S. investors with improved access to company information and electronic trading. The commencement of trading on the OTCQB is intended to expand the Company’s access to U.S. capital markets and provide an additional quotation venue for the Company’s common shares for U.S. broker-dealers and investors, subject to prevailing market conditions.

The Company has applied for DTC eligibility, which will further facilitate electronic clearing and settlement of the Company’s common shares for U.S. investors. A further news release will be issued upon the granting of DTC eligibility.

About the Lewis Pilley’s Project

The Project is road accessible and situated approximately twenty-five (25) km east of the town of Springdale, approximately fifty-five (55) km southeast of Firefly Metals’ Green Bay Project and approximately one hundred fifty (150) km from the Pine Cove Mill and Port by way of major roads.It has a long history of mining and exploration dating back to the late 1800s when the Pilley’s Island Pyrite Company Ltd. produced approximately 450,000 tonnes of massive pyritic ore from the Pilley’s Island Mine-Old Mines (after Kerr, 1996).

The Project hosts a cluster of VMS systems and prospects with demonstrated high-grade Zn-Pb-Cu-Ag+/-Au intersections. Mineralization is typical bimodal-felsic VMS, with both massive sulphide and sulphide-clast breccias (Thurlow, 1996). The geological setting is directly analogous to the Buchans camp (Thurlow, 1996), and the presence of sulphide-clast breccias is a strong vector toward proximal massive sulphide lenses.

Most of the historic showings that fall within the extents of the Project have not seen systematic exploration. Many of the historic drill holes were shallow and drilled in a vertical orientation limiting the geological knowledge of the extents of the underlying lithology and mineralization. Work is being planned to validate historic assay results as well as collect new data from the 3B-Zone, Clifford Jones (Bull Road) Extension, Bouzanne Shaft, Henderson, Mansfield and Pilley’s Cove Showings.

References

Kerr, A. (1996) New perspectives on the stratigraphy, volcanology, and structure of the island-arc volcanic rocks in the Ordovician Roberts Arm      Group, Notre Dame Bay. In Current Research, Newfoundland Department of Natural Resources, Geological Survey, Report 96-1, pages 283-310. Thurlow, J.G (1996) Geology of a newly discovered cluster of blind massive sulphide deposits, Pilley’s Island, central Newfoundland. In Current Research, Newfoundland Department of Natural Resources, Geological Survey, Report 96-1, pages 181- 189.

National Instrument 43-101 Disclosure

Nicholas Rodway, P.Geo, (Licence# 46541) (Permit to Practice# 1000359) is CEO and Director of the Company, and a qualified person as defined by National Instrument 43-101- Standards of Disclosure for Mineral Projects. Mr. Rodway has supervised the preparation, verified and approved the technical content in this news release. Verification included review of historical reports. No limitations were noted during the verification process.

About HM Exploration Corp.

The Company is currently advancing its Lewis Pilley’s Project located in Newfoundland. The Project encompasses a land area of ~60.25 km² and hosts a cluster of volcanogenic massive sulphide (VMS) systems and the historic Pilley’s Island Mine (~450,000 tonnes of ore produced in the late 1800s). Historic drilling at the 3B-Zone returned significant intersections, including 16.77m of 1.84% Cu and 3.05m of 5.03% Zn with 1.02 g/t Au (Au Pell, 1989). The geological setting is directly analogous to the prolific Buchans camp, with multiple underexplored showings and strong potential for new discoveries.

In addition, the Company holds 100% interest in the Devil’s Den Project, an exploration-stage Project consisting of two contiguous mineral licences encompassing ~3,200 hectares located west of Port Alberni, Vancouver Island, British Columbia. Exploration work completed in 2022 established four geochemical grids to identify possible buried mineralization, uncovering multiple high-grade occurrences including copper values up to 4.68% at surface (Devil’s Den NI 43-101, Nov 2022). Phase One exploration completed in 2025 included high-resolution UAV magnetic surveying and a lithogeochemical program, which identified new structural targets and zones of elevated copper, zinc, and nickel geochemistry. The project hosts multiple historical adits with high-grade surface occurrences that remain undrilled. HM believes a lack of adequate modern exploration has left significant discovery potential.

HM Exploration is committed to applying modern exploration techniques across its projects to unlock value in historically underexplored Canadian mining districts.

On Behalf of the Board of Directors

HM EXPLORATION CORP.

“Nicholas Rodway”
President & CEO
Tel: 604.681.1568
info@hmexploration.com

Forward Looking Statements

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.

Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of HM, future growth potential for HM and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of copper, gold and other metals; costs of exploration and development; the estimated costs of development of exploration projects; HM’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

This news release contains “forward-looking information” within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the Project and its mineralization potential; the Company’s objectives, goals, or future plans with respect to the Project; potential benefits of acquiring the new tenure; further exploration work on the Project or other projects in the future. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of copper, gold and other metals; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.