Hertz Energy Inc. (CNSX:HZ) has entered into a sale agreement to acquire Mineral claim 102722 located in Nunavut, Canada from Mike Magrum for CAD 0.05 million on May 8, 2024. Pursuant to the terms and conditions of the Definitive Agreement and as consideration for the acquisition of the Mineral Claim, the Company has agreed to: (a) pay Mr. Magrum CAD 2,500 in cash within seven (7) business days of the execution of the Definitive Agreement; (b) issue Mr. Magrum up to 400,000 common shares in the capital of the Company ("Common Shares") as follows: issue Mr. Magrum 150,000 Common Shares within seven (7) business days of confirmation that the Mineral Claim is in good standing with the Nunavut Mining Recorder (the "Confirmation"); issue Mr. Magrum 100,000 Common Shares on the twelve month anniversary from the date of Confirmation; and issue Mr. Magrum 150,000 Common Shares upon drill results on the Mineral Claim confirming assays of minimum 0.15% uranium (U3O8).