Honey Badger Exploration Announces Results from its Annual General and Special Meeting of Shareholders and Meeting of the Board of Directors

TORONTO, ONTARIO--(Marketwired - Jul 7, 2014) - Honey Badger Exploration Inc. (TSX VENTURE:TUF) ("HBE" or the "Company") is pleased to report that a quorum was present at its Annual and Special Meeting of Shareholders (the "AGSM") held on June 30, 2014 at the Company's offices in Toronto, Ontario and that all resolutions put forth were passed by overwhelming majority.

The resolutions put forth to the shareholders follow. All resolutions required 50% plus 1 of the voted shares to be "in favour" to pass. The number presented after each item represents the percentage of votes in favour of the resolution.

1. John P. Sanderson, Richard Schler, Jean-Phillippe Desrochers, Peter Liabotis and Craig Scherba were re-appointed to the Board of Directors. (>99%)
2. MNP LLP was appointed as the Company's auditors for the December 31, 2014 year end. The directors are authorized to fix their remuneration. (>99%)
3. The Company's stock option plan, which complies with the policies of the TSX Venture Exchange, was re-approved. (>98%)
4. Share issuance in lieu of cash remuneration to directors and officers was approved. (>99%)
5. The Company's shareholder rights plan was re-approved. (>99%)
6. The shareholders approved the acquisition of the Sagar Property on the terms noted in the information circular. (>92%)

Board of Directors' Meeting

Immediately following the AGSM, the Board of Directors held a meeting where the following individuals were appointed to serve in these capacities until the next annual Meeting of Shareholders:

• John Sanderson as Chairman of the Board of Directors
• Richard Schler as Chief Executive Officer
• Quentin Yarie as President and Chief Operating Officer
• Peter Liabotis as Chief Financial Officer and Corporate Secretary

About Honey Badger Exploration Inc.

Honey Badger Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada with properties in Quebec and British Columbia. The Company's common shares trade on the TSX Venture Exchange under the symbol "TUF".

For more information, please visit our website at http://www.honeybadgerexp.com.

Cautionary Statement

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.