Honey Badger Files Preliminary Short Form Prospectus for New Issue of Units and Flow-Through Units

Honey Badger Exploration Inc. (TSX VENTURE:TUF) (the "Corporation") is pleased
to announce that it has filed a preliminary short form prospectus in each of the
provinces of Alberta, British Columbia, Ontario and Quebec in order to qualify
the proposed distribution of units (the "Units") of the Corporation at a price
of $0.05 per Unit, and flow-through units (the "Flow-Through Units") of the
Corporation at a price of $0.05 per Flow-Through Unit for maximum total gross
proceeds of $7,500,000 (the "Offering"). Closing of the Offering is conditional
upon the Corporation receiving minimum gross proceeds of $2,500,000 from the
sale of any combination of Units and Flow-Through Units.


Each Unit consists of one common share of the Corporation (a "Common Share") and
one non flow-through Common Share purchase warrant (a "Warrant"). Each
Flow-Through Unit consists of one Common Share to be issued on a "flow-through"
basis (a "Flow-Through Share") within the meaning of the Income Tax Act (Canada)
(the "Tax Act") and one-half of one non flow-through Warrant.


Each full Warrant will entitle the holder thereof to purchase one non
flow-through Common Share of the Corporation (the "Unit Warrant Shares") at a
price of $0.10 per Unit Warrant Share at any time before the date that is 36
months following the closing date of the Offering.


The Offering will be conducted on a "best effort" agency basis led by Secutor
Capital Management Corporation (the "Agent"). 


The Corporation will grant an over-allotment option (the "Over-Allotment
Option") to the Agent, exercisable for a period of 30 days following the closing
of the Offering, in whole or in part, to purchase additional Units and
Flow-Through Units to a maximum of the lessor of (i) 15% of the number of Units
and Flow-Through Units sold pursuant to the Offering; and (ii) the actual
over-allocation position of the Agent.


In connection with the Offering, the Corporation will pay the Agent a cash
commission equal to 6% of the gross proceeds of the Offering and grant
compensation options to the Agent entitling it to purchase that number of non
flow-through Common Shares of the Corporation (the "Broker Warrant Shares")
equal to 6% of the aggregate number of Units and Flow-Through Units sold under
the Offering (including those sold under the Over-Allotment Option) for a period
of 36 months following the closing date of the Offering, at a price of $0.05 per
Broker Warrant Share. 


The net proceeds from the sale of Units will be used to fund the previously
disclosed acquisition of the Sagar Property and for general corporate purposes.
The proceeds from the sale of FT Units is expected to be used to incur Canadian
exploration expenses (CEE) within the meaning of the Tax Act on the Sagar
Property. 


Purchasers of the Flow-Through Shares with sufficient income will be entitled to
claim a 100% deduction of the amount of their subscription for Canadian federal
and Quebec provincial tax purposes for the 2014 taxation year, and individual
purchasers will be entitled to claim an additional 15% federal non-refundable
investment tax credit in respect of such expenditures. Individual purchasers of
Flow-Through Shares resident in Quebec with sufficient income will be entitled
to claim two additional deductions of 25% each of the amount of their
subscription for the 2014 taxation year. 


Closing of the Offering is subject to customary conditions of closing, including
receipt of securities regulatory approvals as well as the approval of the TSX
Venture Exchange.


The Units and the Flow-Through Units have not been, nor will they be, registered
under the United States Securities Act of 1933, as amended (the "1933 Act"), and
may not be offered, sold or delivered, directly or indirectly, within the United
States, or to or for the account or benefit of U.S. persons unless the Units and
the Flow-Through Units are registered under the 1933 Act or pursuant to an
applicable exemption from the registration requirements of the 1933 Act. This
press release does not constitute an offer to sell, nor it is a solicitation of
an offer of securities, nor shall there be any sale of securities in any state
of the United States in which such offer, solicitation or sale would be
unlawful.


About Honey Badger Exploration Inc. 

Honey Badger Exploration Inc. is a gold and base-metals exploration company
headquartered in Toronto, Ontario, Canada with properties in Quebec and British
Columbia. The Corporation's Common Shares trade on the TSX Venture Exchange
under the symbol "TUF". 


For more information, please visit our website at http://www.honeybadgerexp.com. 

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Honey Badger Exploration Inc.
Quentin Yarie
President & COO
(416) 364-7029
qyarie@honeybadgerexp.com


Honey Badger Exploration Inc.
Mia Boiridy
Investor Relations
(416) 364-7029
mboiridy@honeybadgerexp.com
Honey Badger Silver (TSXV:TUF)
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