Mr. Norman Brewster reports

HISPANIA RESOURCES INC. ANNOUNCES WARRANT EXTENSION

Hispania Resources Inc. intends to extend the exercise period for a total of 3,166,665 common share purchase warrants, all of which are exercisable at 30 cents per common share.

The warrants were issued pursuant to a private placement that closed on Dec. 16, 2021. The company proposes to extend the expiry dates of these warrants by 18 months, such that the new expiry date for the warrants will be June 16, 2025. All other terms and conditions of the warrants remain unchanged. The warrant extension is subject to acceptance by the TSX Venture Exchange.

About Hispania Resources Inc.

Hispania Resources is a mineral exploration company focused on mining opportunities in Spain. Hispania is currently focused on developing the long-term mining potential of its core asset, the zinc-copper-lead-enriched Puebla de la Reina (PBR) property in the low-risk and historical mining district of Extremadura in southwestern Spain. The PBR property covers an area of 90 square kilometres. Hispania, through its subsidiary, La Joya, has entered into a purchase agreement with Auplata SA to acquire a 100-per-cent interest in the PBR property. The management of Hispania contains industry veterans who have more than 120 years of mineral exploration and production experience in multiple jurisdictions and have successfully managed multiple international mining companies. This includes in Spain, where some of the team was responsible for the founding and building of Iberian Resources, with the continued support of the local and regional governments, including the well-developed and sophisticated transportation and mining infrastructure.

We seek Safe Harbor.