TORONTO, ONTARIO--(Marketwire - July 4, 2011) - Honey Badger Exploration, Inc. (News - Market indicators) (the "Company") announces the results of its Annual General and Special Meeting ("AGM") of its Shareholders held on June 23, 2011 at the Company's corporate offices. A quorum of the Company's outstanding common stock as of the record date of May 16, 2011 was present in person or by proxy at the AGM.

Proposed Resolutions

1. To receive and consider the financial statements of the company for the fiscal year ended December 31, 2010 and the Auditors' Report thereon.

2. To appoint MSCM LLP, Chartered Accountants, as the auditors of the Company, and to authorize the Directors to fix the remuneration.

3. To elect Directors to serve until the next Annual General Meeting of Shareholders or until their successors are elected or appointed.

4. To approve continuation of the Stock Option Plan of the Company as instituted and as approved by the TSX Venture Exchange.

5. To approve share issuances in lieu of cash remuneration to Directors and Officers with respect to services rendered to a maximum limit of 2,000,000 shares collectively.

6. To approve the sale of the remaining 49% interest in the Blackjack Property.

7. The resolution to approve a share consolidation as per the addendum to the information circular dated May 16, 2011 was withdrawn from consideration at the Meeting.

Voting Summary on Resolutions

The following are the voting results at the AGM:

Resolution No. 2) More than 99% of the shares voted to approve the re-appointment of the Company's auditors, MSCM LLP, Chartered Accountants for the coming fiscal year.

Resolution No. 3) More than 85% of the shares voted to approve the election of each of the following persons to serve as directors of the Company, each to hold office for a term expiring at the next annual meeting of shareholders or until their successor(s) have been duly elected and qualified:

Resolution No. 4) More than 85% of the shares voted to approve continuation of the current "Stock Option Plan" in accordance with the recommendations as described in the TSX Venture Exchange.

Resolution No. 5) More than 86% of the shares voted to approve the issuance in lieu of cash remuneration to Directors and Officers with respect to services rendered to a maximum limit of 2,000,000 shares collectively.

Resolution No. 6) More than 98% of the shares voted to approve the sale of the remaining 49% interest in the Blackjack Property.

Board Of Directors' Meeting

The Company is also pleased to announce that on June 23, 2010, following the AGM, a meeting of the Board of Directors of the Company was conducted via telephone conference in Toronto, Ontario, Canada.

At the Meeting, the Board of Directors approved the following appointments to serve in those capacities until the next annual Meeting of Shareholders:

Administration

Subject to approval by the TSX Venture Exchange, the Company will modify 2,015,000 stock options with an exercise price of $0.10 per share and due to expire on April 1, 2012 to a further term expiring June 30, 2016 at the same exercise price in accordance with the Company's stock option plan.

About Honey Badger Exploration Inc.

Honey Badger Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada. The Company's current exploration projects are focused in the mining-friendly State of Nevada. The "Yerington Project" is a copper porphyry and skarn property near the town of Yerington, and positions the Company for new exploration in prolific copper districts. The Company'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.

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.