Longhorn Exploration Corp. (company) announced that it has entered into an arm's length natural hydrogen lease acquisition agreement with PureWave Hydrogen Corp. (PureWave Hydrogen), whereby the company has been granted the exclusive right and option to acquire PureWave Hydrogen's rights and obligations under the Lease Agreements, covering approximately 314.73 net acres of land located in Kansas, USA (Properties).

In connection with the closing of the transaction, the company?s Peter Dyakowski (existing Director) and Todd Hanas (existing Director) are expected to resign in connection with the proposed Transaction.