Effective June 12, 2018, the company's final short form prospectus dated June 12, 2018, qualifying the distribution of 60 million units of the company, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the Ontario Securities Commission as principal regulator. Under Multilateral Instrument 11-102, Passport System, the prospectus is deemed to have been filed with and receipted by the securities regulators for each of the British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador securities commissions.

The exchange has been advised that the closing of the offering occurred on June 19, 2018, for gross proceeds of $51.75-million.

Offering:  60 million units plus nine million overallotment units

Unit price:  75 Canadian cents per unit (Each unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant being exercisable into one common share at $1 until expiry, which is 60 months following the closing date.)

Underwriters:  Cormark Securities Inc., INFOR Financial Inc., Haywood Securities Inc. and Eight Capital

Underwriters' commissions:  an aggregate of $3,105,000 (Canadian) in cash and 4.14 million broker warrants (Each broker warrant entitles the holder to acquire one unit at 75 Canadian cents for a two-year period.)

Overallotment option:  The overallotment was exercised in full to purchase an additional nine million units.

Effective at the opening, Friday, June 22, 2018, the common share purchase warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as an other crop farming company.

Corporate jurisdiction:  Ontario

Capitalization:  up to 36.57 million warrants, of which 34.5 million are issued and outstanding

Transfer agent:  TSX Trust Company

Trading symbol:  HIP.WT.A

Cusip No.:  652508136

These warrants were issued under a warrant indenture dated June 19, 2018, pursuant to the company's short form prospectus dated June 12, 2018. Each warrant entitles the holder to purchase one common share of the company at a price of $1 (Canadian) per share until expiry, which is 60 months following the closing date.

For further details, please refer to the company's short form prospectus dated June 12, 2018, and news release June 19, 2018.