Huntsman Exploration Business Summary

Lux Metals Corp. (formerly Huntsman Exploration Inc., OTC: BBBMF) operates as a Canadian mineral exploration company primarily focused on the acquisition and development of high-grade gold and critical battery metal assets. The company’s business model is centered on the "exploration-to-discovery" value chain, generating value through the delineation of mineral resources and strategic asset management, including option agreements and divestitures such as the recent sale of lithium rights at its Canegrass project to Corcel Plc. Its primary business segments are divided by commodity and geography: the flagship La Grande Gold Project in the James Bay region of Quebec and the Canegrass Nickel-Copper-Cobalt Project in Western Australia. Within the junior mining landscape, Lux Metals competes with other micro-cap explorers such as Discovery Harbour Resources Corp., LaFleur Minerals Inc., and Trifecta Gold Ltd. The company distinguishes itself through its focus on premier mining jurisdictions with established infrastructure, positioning itself as a high-leverage vehicle for investors seeking exposure to the gold and green energy metal cycles. Leadership is spearheaded by President and CEO Carl Ginn, a Professional Geoscientist (P.Geo.) with over a decade of experience in senior and junior mining, notably contributing to the discovery of the Boomerang Nickel deposit at Aston Minerals and holding prior roles at Goldcorp. He is supported by CFO Joseph Meagher, a Chartered Professional Accountant with extensive experience managing financial operations for TSX Venture-listed entities. The board of directors features a high-pedigree technical team, including Nathan Tribble (formerly of Sprott Mining and Bonterra Resources), Matthew Herbert (a 25-year veteran with executive experience at Rio Tinto and Fortescue Metals Group), and Jean-Felix Lepage (formerly of Newmont Corporation and O3 Mining). This leadership group provides the technical and capital markets expertise necessary to advance the company’s 2026 drilling programs and strategic rebranding initiatives.