Hemisphere Energy Corporation ('Hemisphere' or the 'Company') is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange ('TSXV') for the second consecutive year.

The 2023 TSXV 50 showcases the top 50 of over 1,700 TSXV issuers across five sectors: energy, mining, clean technology, life sciences, diversified industries, and technology. The ranking is an equal weighting of each company's performance during 2022 across three key indicators: market capitalization growth, share price appreciation, and trading volume.

We take great pride in having earned a 2023 TXSV Venture 50 ranking making this the second consecutive year we are recognized' said Don Simmons, President and Chief Executive Officer of Hemisphere. 'It directly reflects the dedication of Hemisphere's team to grow its operations, maintain a strong balance sheet, and return capital to shareholders.'

About Hemisphere Energy Corporation

Hemisphere is a dividend-paying Canadian oil company focused on maximizing value per share growth with the sustainable development of its high netback, low decline conventional heavy oil assets through polymer flood enhanced recovery methods. Hemisphere trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol 'HME' and on the OTCQX Venture Marketplace under the symbol 'HMENF'.

Contact:

Tel: (604) 685-9255

Email: info@hemisphereenergy.ca

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