Mr. Michael Cathro reports

HAPPY CREEK MINERALS LTD. CORPORATE UPDATE

Happy Creek Minerals Ltd. has provided a corporate update, including changes to management.

The company announces that Jason Bahnsen has joined the company as a consultant and strategic adviser. In addition, Michael Cathro, president and chief executive officer, has taken on the role of corporate secretary until a permanent replacement can be appointed.

Happy Creek also announces that Kent Pearson, director, and Kathy Love, corporate secretary, have left the company to pursue other opportunities. The company thanks them for their dedicated and professional service to the company and wishes them well in their future endeavours.

Mr. Bahnsen has over 35 years of experience in mine operations, company restructuring, company leadership, and providing strategic and corporate finance advice to listed and private resource companies globally. During his career Mr. Bahnsen has worked with resource companies in multiple countries, including Canada, Australia, Indonesia, China and the United Kingdom. Mr. Bahnsen holds a BSc in mining engineering from Queen's University, Canada, and an MBA from University of New England, Australia. Mr. Bahnsen has joined Happy Creek Minerals as an adviser and will assist the company to optimize its business and asset strategy.

Mr. Cathro, Happy Creek CEO, commented: "We are very excited to add Jason to our team. He brings deep industry connections and a wealth of corporate finance and technical skills that will be invaluable as we drive the company forward through exploration, development and partnerships."

Mr. Cathro continued: "Our company continues to advance our package of very large, 100-per-cent-owned critical mineral projects in infrastructure-rich mining districts in Southern British Columbia. The company is primarily focused on its high-grade Fox tungsten deposits, copper discoveries at the Highland Valley project, and copper, molybdenum and gold-silver targets on the Silverboss project. To weather the current challenging markets, the company has reduced its overhead expenses to a minimum, while adding value to the projects through inexpensive surface surveys, targeting studies, permitting and community relations work. Happy Creek is looking at all options to raise funds to advance the projects at a faster rate, including project-level farm-ins, joint ventures and alliances."

The company has granted 4.5 million options at 5.5 cents to management and consultants, effective immediately, in accordance with the company's 2022, rolling 10-per-cent option plan. The options vest immediately and expire in five years.

Indigenous communities

Happy Creek is committed to responsible mineral resource development. The company's priority is to build and sustain mutually beneficial relationships with indigenous communities in the territories in which the company explores.

About Happy Creek Minerals Ltd.

Happy Creek is focused on making new discoveries and building resources in proximity to infrastructure on the company's 100-per-cent-owned portfolio of diversified metals projects in British Columbia. The company's management, board of directors and technical advisers have solid expertise and depth in the mineral resource sector and capital markets.

We seek Safe Harbor.