Happy Creek Grants Stock Options

(TheNewswire)

December 22, 2025, Vancouver, British Columbia –TheNewswire - Happy CreekMinerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”)announces that it has granted stock options tocertain directors, officers, and consultants to purchase up to4,470,000 commonshares of Happy Creek. Each optionentitles the holder to acquire one common share at an exercise priceof $0.20 untilDecember 22, 2030. The options will vest in accordance with the Company’sstock option plan and remain subject to the acceptance of the TSXVenture Exchange.

As previously disclosed in the Company’s news releasedated November 12, 2025, MarketSmart CommunicationsInc. was to be granted options topurchase 300,000common shares of Happy Creek and Small Cap CommunicationsInc. was to be granted options topurchase 100,000common shares (together, the “IR Options”). The IR Options, whichare included in today’s grant, will vest 25% eachquarter over a 12-month period, inaccordance with TSX Venture Exchange policies governing investorrelations service providers.

On behalf of the Board of Directors,

“Stephen Gray”

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASECONTACT:

Stephen Gray

Email: info@happycreekminerals.com

About Happy Creek MineralsLtd.

Happy Creek is focused on making new discoveries and buildingresources in proximity to infrastructure on the Company’s100-percent-owned portfolio of diversified metals projects in BritishColumbia.

Projects include the high-grade Fox Tungsten deposit, the Silverbossmolybdenum-copper-gold-silver project adjacent to Glencore’s closedBoss Mountain molybdenum mine and the adjacent Hen-Art-DL gold andsilver project.

On November 7, 2024, Happy Creek announced the closing of the sale ofthe Highland Valley Copper Project to Metal Energy Corp. (TSX:V MERG)(“Metal Energy”). Happy Creek holds  2,347,220 common shares ofMetal Energy.

Happy Creek is committed to responsible mineral resource development. The Company’s priority is to build and sustain mutually beneficialrelationships with Indigenous Communities in the territories in whichthe Company explores.

Additional information relating to Happy Creek Minerals Ltd. may beobtained or viewed on the SEDAR+ website at www.sedarplus.ca or on the Company’swebsite at www.happycreekminerals.com.  

Forward Looking Statement

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

This press release contains "forward-lookinginformation" within the meaning of applicable securities laws,including statements that address capital costs, recovery, grade, andtiming of work or plans at the Company’s mineral projects.Forward-looking information may be, but not always, identified by theuse of words such as "seek", "anticipate",“foresee”, "plan", "planned","continue", "expect", “thought to”,"project", "predict", "potential","targeting", "intends", "believe",“opportunity”, “further” and others, or which describes a goalor action, event or result such as "may","should", "could", "would","might" or "will" be undertaken, occur orachieved. Statements also include those that address future mineralproduction, reserve potential, potential size or scale of amineralized zone, potential expansion of mineralization, potentialtype(s) of mining, potential grades as well as to Happy Creek’sability to fund ongoing expenditure, or assumptions about future metalor mineral prices, currency exchange rates, metallurgical recoveriesand grades, favourable operating conditions, access, politicalstability, obtaining or renewal of existing or required mineraltitles, licenses and permits, labour stability, market conditions,availability of equipment, accuracy of any mineral resources,anticipated costs and expenditures. Assumptions may be based onfactors and events that are not within the control of Happy Creek andthere is no assurance they will prove to be correct. Suchforward-looking information involves known and unknown risks, whichmay cause the actual results to materially differ, and/or any futureresults expressed or implied by such forward-looking information.Additional information on risks and uncertainties can be found withinFinancial Statements, Prospectus and other materials found on theCompany’s SEDAR profile at www.sedarplus.ca. AlthoughHappy Creek has attempted to identify important factors that couldcause actual actions, events or results to differ materially fromthose described in forward-looking information, there can be noassurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. Happy Creek withholds any obligationto update or revise any forward-looking information, whether as aresult of new information, future events or otherwise, unless requiredby law.

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