Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") announces that its Board of Directors has approved grants of incentive restricted share units ("RSU") and stock options.Restricted Share UnitsUnder the Company's Restricted Share Unit Plan (the "Plan"), RSUs may be granted to directors, employees, and contractors of the Company. At the discretion of the Company's Board of Directors, the Plan permits th ...

Core Viewpoint - Hemisphere Energy Corporation has declared a special dividend of $0.03 per common share, reflecting its strong financial position and performance outlook [2][3]. Special Dividend - The special dividend will be paid on August 15, 2025, to shareholders of record on July 31, 2025, and is classified as an eligible dividend for Canadian income tax purposes [2]. - This special dividend is in addition to the company's quarterly base dividend of $0.025 per common share and marks the second special dividend payment in 2025 [2]. Return of Capital - In 2025, Hemisphere has returned a total of $12.2 million (equivalent to $0.13 per common share) to shareholders, which includes $4.5 million in share repurchases, $4.8 million in quarterly dividends, and $2.9 million in special dividends [3]. - The return of capital is fully funded by the company's free cash flow, supported by its high-margin enhanced oil recovery (EOR) assets and a healthy balance sheet [3]. Company Overview - Hemisphere Energy Corporation is a Canadian oil company focused on maximizing value-per-share growth through sustainable development of its high netback, ultra-low decline conventional heavy oil assets using polymer flood EOR methods [4]. - The company 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" [4].