Storm Exploration Upsizes Private Placement to $2.7M

Storm Exploration Inc. (TSXV:STRM) has announced an increase in its previously disclosed non-brokered private placement. The total gross proceeds have been raised from $2 million to $2.7 million, due to heightened investor demand. The offering will now include up to 6,750,000 units priced at $0.40 per unit.

This transaction is subject to the approval of the TSX Venture Exchange, and finder's fees may be paid in accordance with its policies. All other terms remain consistent with those announced on August 26, 2026. Storm Exploration President, CEO, and Director Bruce Counts did not provide further details.

The details provided in this update should not result in undue confidence as they contain forward-looking information subject to several risks and uncertainties. The approval of the TSX Venture Exchange is still required for the offering to proceed.