Pursuant to a special resolution passed by shareholders on June 8, 2023, the company has consolidated its capital on a one-new-for-five-old basis. The name of the company has not been changed.

Effective at the opening, Friday, Dec. 1, 2023, the common shares of the company will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a crude petroleum and natural gas extraction company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 23,786,135 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  HPL.H (unchanged)

Cusip No.:  44053J 40 9 (new)