Hampton Financial Corporation Announces The Grant of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” oregon the “Corporation”) (TSXV: HFC) announces that it has granted banal options to an serviceman to acquisition up to an aggregate of 200,000 subordinate voting shares of the Corporation astatine the workout terms of $0.45 per share. All options vest instantly and are exercisable for a 10 twelvemonth term. The options were granted nether the Corporation’s banal enactment plan, pursuant to which the aggregate fig of subordinate shares nether banal options shall not transcend 10% of the outstanding subordinate voting shares. Following the assistance of banal options the Corporation presently has outstanding banal options exercisable to acquisition up to 2,100,000 subordinate voting shares of the Corporation.

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About Hampton Financial Corporation

Hampton is simply a unsocial backstage equity steadfast that seeks to physique shareholder worth done semipermanent strategical investments. Hampton’s Investment Dealer subsidiary, Hampton Securities Limited (“HSL”), is actively engaged successful household office, wealthiness management, organization services and superior markets activities. HSL is simply a full-service concern dealer, regulated by CIRO (Formally IIROC) and registered successful Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, HSL provides concern banking services, which see assisting companies with raising capital, advising connected mergers and acquisitions, and aiding issuers successful obtaining a listing connected recognized securities exchanges successful Canada and abroad. Hampton’s wholly-owned subsidiary, Oxygen Working Capital Corp. (“OWC”), which was founded successful 2017, is simply a specialized Canadian based lender focused connected the commercialized factoring concern with clients crossed Canada, and with prospects for expanded scope and continued maturation crossed broader North America. OWC provides entrepreneurs with abbreviated word financing solutions via contiguous upfront superior by factoring their invoices and receivables, allowing businesses to conscionable their contiguous moving superior needs. Hampton is besides exploring opportunities to diversify its sources of gross by mode of strategical investments and acquisitions successful some complimentary concern and non-core sectors that tin leverage the expertise of its Board and the divers acquisition of its absorption team.

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For much information, delight contact:

Olga Juravlev
Chief Financial Officer
Hampton Financial Corporation
(416) 862-8701

or

Peter M. Deeb
Executive Chairman & CEO
Hampton Financial Corporation
(416) 862-8651

The TSXV has successful nary mode approved nor disapproved the contents of this property release. Neither the TSXV nor its Regulation Services Provider (as that word is defined successful the policies of the TSXV) accepts work for the adequacy oregon accuracy of this property release.

No securities regulatory authorization has either approved oregon disapproved of the contents of this property release. This property merchandise does not represent oregon signifier a portion of immoderate connection oregon solicitation to bargain oregon merchantability immoderate securities successful the United States oregon immoderate different jurisdiction extracurricular of Canada. The securities being offered person not been and volition not beryllium registered nether the United States Securities Act of 1933, arsenic amended (the “U.S. Securities Act”), oregon the securities laws of immoderate authorities of the United States and whitethorn not beryllium offered oregon sold wrong the United States oregon to a U.S. idiosyncratic absent registration oregon pursuant to an disposable exemption from the registration requirements of the U.S. Securities Act and applicable authorities securities laws. There volition beryllium nary nationalist offering of securities successful the United States.

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Forward-Looking Statements

This property merchandise contains definite forward-looking statements and forward-looking accusation (collectively referred to herein arsenic “forward-looking statements“) wrong the meaning of applicable Canadian securities laws, which whitethorn include, but are not constricted to, accusation and statements regarding oregon inferring the aboriginal business, operations, fiscal performance, prospects, and different plans, intentions, expectations, estimates, and beliefs of the Company. All statements different than statements of contiguous oregon humanities information are forward-looking statements. Forward-looking statements are often, but not always, identified by the usage of words specified arsenic “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” oregon akin words, including negatives thereof, suggesting aboriginal outcomes.

Forward-looking statements impact and are taxable to assumptions and known and chartless risks, uncertainties, and different factors beyond the Company’s quality to foretell oregon power which whitethorn origin existent events, results, performance, oregon achievements of the Company to beryllium materially antithetic from aboriginal events, results, performance, and achievements expressed oregon implied by forward-looking statements herein. Forward-looking statements are not a warrant of aboriginal performance. Although the Company believes that immoderate forward-looking statements herein are reasonable, successful airy of the usage of assumptions and the important risks and uncertainties inherent successful specified statements, determination tin beryllium nary assurance that immoderate specified forward-looking statements volition beryllium to beryllium accurate. Actual results whitethorn vary, and alteration materially, from those expressed oregon implied by the forward-looking statements herein. Accordingly, readers are advised to trust connected their ain valuation of the risks and uncertainties inherent successful forward-looking statements herein and should not spot undue reliance upon specified forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made lone arsenic of the day hereof, and but arsenic required by applicable laws, the Company assumes nary work and disclaims immoderate volition to update oregon revise immoderate forward-looking statements herein oregon to update the reasons that existent events oregon results could oregon bash disagree from those projected successful immoderate forward-looking statements herein, whether arsenic a effect of caller information, aboriginal events oregon results, oregon otherwise, but arsenic required by applicable laws.

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