BRIEF

on Storm Exploration Inc. (isin : CA86218J1057)

Storm Cancels Stock Options

Vancouver, BC / ACCESSWIRE / August 30, 2024 – Storm Exploration Inc. (TSXV:STRM) has announced the cancellation of certain outstanding stock options. The cancellation was mutually agreed upon by the Company and certain non-insiders. A total of 625,000 options with expiry dates between July 13, 2025, and May 2, 2027, were canceled. The weighted average exercise price of these options was $0.56 per share.

The action was taken under the Company's Stock Option Plan. The company did not provide reasons for this cancellation.

R. H.

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