Happy Creek Announces Name Change to Fox Tungsten Ltd.

(TheNewswire)

February 20, 2026, Vancouver, BritishColumbia – TheNewswire- Happy Creek Minerals Ltd.(TSX-V: HPY) (“Happy Creek” or the“Company”) is pleased to announce that itwill be changing its corporate name to Fox Tungsten Ltd. Effective atthe opening of trading on Wednesday, February 25, 2026, the commonshares of the Company will commence trading on the TSX VentureExchange under the new name and the new trading symbol“FOXT”.

Shareholders holding Happy Creek share certificates canrequest a replacement certificate with the new Company name, howevernew certificates are not required and will not be automaticallyissued. There is no change in the capitalization structure of theCompany in connection with the change of name.

On behalf of the Board of Directors,

“Stephen Gray”

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASECONTACT:

Stephen Gray

Email: steve.gray@foxtungsten.com

Neither the TSXVenture Exchange nor its Regulation Services Provider, (as the term isdefined in the Policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

About Fox Tungsten Ltd.

The Fox Tungsten project is one of the highest-grade tungstenresources in the world, located in central British Columbia near roadsand power lines.  It is a premier, 100%-owned critical mineralsdeposit, uniquely positioned to solve the West’s urgent tungstensupply deficit.  The successful 2025 drill program extendedmineralization at the RC & BN zones, and an expanded 2026exploration program planned to grow the resource and enable a PEA.

Other projects owned by the Company include the Silverbossmolybdenum-copper-gold-silver project adjacent to Glencore’s closedBoss Mountain molybdenum mine and the adjacent Hen-Art-DL gold andsilver project.

On November 7, 2024, the Company announced the closing of the sale ofthe Highland Valley Copper Project to Metal Energy Corp. (TSX:V MERG)(“Metal Energy”). The Company holds  2,347,220 common shares ofMetal Energy.

The Company is committed to responsible mineral resource development. The Company’s priority is to build and sustain mutually beneficialrelationships with Indigenous Communities in the territories in whichthe Company explores.

Additional information relating to the Company may be obtained orviewed on the SEDAR+ website at www.sedarplus.ca or on the Company’swebsite at www.happycreekminerals.com.  

Forward Looking Statement

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

This press release contains "forward-lookinginformation" within the meaning of applicable securities laws,including statements that address capital costs, recovery, grade, andtiming of work or plans at the Company’s mineral projects.Forward-looking information may be, but not always, identified by theuse of words such as "seek", "anticipate",“foresee”, "plan", "planned","continue", "expect", “thought to”,"project", "predict", "potential","targeting", "intends", "believe",“opportunity”, “further” and others, or which describes a goalor action, event or result such as "may","should", "could", "would","might" or "will" be undertaken, occur orachieved. Statements also include those that address future mineralproduction, reserve potential, potential size or scale of amineralized zone, potential expansion of mineralization, potentialtype(s) of mining, potential grades as well as to Happy Creek’sability to fund ongoing expenditure, or assumptions about future metalor mineral prices, currency exchange rates, metallurgical recoveriesand grades, favourable operating conditions, access, politicalstability, obtaining or renewal of existing or required mineraltitles, licenses and permits, labour stability, market conditions,availability of equipment, accuracy of any mineral resources,anticipated costs and expenditures. Assumptions may be based onfactors and events that are not within the control of Happy Creek andthere is no assurance they will prove to be correct. Suchforward-looking information involves known and unknown risks, whichmay cause the actual results to materially differ, and/or any futureresults expressed or implied by such forward-looking information.Additional information on risks and uncertainties can be found withinFinancial Statements, Prospectus and other materials found on theCompany’s SEDAR profile at www.sedarplus.ca. AlthoughHappy Creek has attempted to identify important factors that couldcause actual actions, events or results to differ materially fromthose described in forward-looking information, there can be noassurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. Happy Creek withholds any obligationto update or revise any forward-looking information, whether as aresult of new information, future events or otherwise, unless requiredby law.

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