Huntsman Appoints New Director

Rhea-AI Summary

Huntsman Exploration Inc. (OTC PINK: BBBMF) announced the appointment of Mathew O'Hara as a new director. O'Hara, a Chartered Accountant, brings extensive experience in capital markets and financial governance, having served in various executive roles within the resources sector. His past roles include directorships at companies such as Benz Mining Corp and Carbine Resources Limited. Scott Patrizi, CEO, expressed confidence in O'Hara's ability to contribute to Huntsman's strategic review and future planning, aimed at maximizing shareholder value.

Positive

• Mathew O'Hara's extensive expertise in capital markets and resources sector is expected to enhance the company's governance.
• The appointment is aimed at conducting a strategic review of Huntsman's assets, indicating a focus on generating shareholder value.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / May 20, 2021 / Huntsman Exploration Inc. (TSXV:HMAN)(OTC PINK:BBBMF) (the "Company" or "Huntsman") is pleased to announce the appointment of Mathew O'Hara as a director of the Company.

Mr. O'Hara is a Chartered Accountant with extensive professional experience in capital markets, financing, financial accounting and governance and has been employed by, and acted as Director, Company Secretary and Chief Financial Officer of several listed companies, predominantly in the resources sector. Mr. O'Hara is currently a director of Benz Mining Corp (BZ, BNZ), African Gold Limited (A1G) and Carbine Resources Limited (CRB). Prior to these roles, he spent more than a decade working as an Associate Director at an international accounting firm in both the Corporate Finance/Advisory and Audit divisions in Australia, gaining significant experience with publicly listed clients across a diverse range of industries, including mining & metals, oil & gas, technology and infrastructure. He had a particular focus in audit, M&A, valuations, financial modelling, due diligence and financial reporting.

Scott Patrizi, Huntsman's President and CEO commented, "Mat is a fantastic addition to the team, and I look forward to drawing on his experience and insights as we conduct a strategic review of the Company's assets and future direction. With Mat and the rest of the board's help, we will work towards formulating a plan that will generate the best outcome for all shareholders. I look forward to providing further updates to the market regarding the future prospects of the Company."

About Huntsman Exploration Inc.
Huntsman is a mineral exploration company focused on the exploration and development of the Canegrass Nickel Sulphide project in Western Australia under the Company's Huntsman nickel division and the exploration and development of the Company's gold projects under the Huntsman gold division, specifically the Baxter Spring historical gold discovery in Nevada, and the Flint property in Idaho.

On Behalf of the Board of Huntsman Exploration Inc.
Scott Patrizi
President and Chief Executive Officer

For more information, please contact 1-855-584-0160 or info@huntsmanx.com.

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.

Forward-Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward-looking statements. Although we believe that the expectations in our forward-looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

SOURCE: Huntsman Exploration Inc.

View source version on accesswire.com:
https://www.accesswire.com/648267/Huntsman-Appoints-New-Director

FAQ

Who is Mathew O'Hara and what is his role in Huntsman Exploration?

Mathew O'Hara is a Chartered Accountant appointed as a director at Huntsman Exploration, bringing extensive experience in capital markets and governance.

What experience does Mathew O'Hara have?

O'Hara has a background in capital markets and has previously served as Director and CFO for various listed companies in the resources sector.

What are Huntsman's plans following Mathew O'Hara's appointment?

The company will conduct a strategic review of its assets and future direction to ensure the best outcomes for shareholders.