Announcing Fair Haven Closing & CFO Change

TORONTO, ONTARIO – February 24, 2022 – Gold Hunter Resources Inc ( “Gold Hunter ” or the

“Company”) (CSE: “HUNT”) is pleased to announce that it has completed the acquisition of the Rambler

and Tilt Cove Projects, located in Newfoundland and Labrador. D etails of the acquisition and the

consideration paid by the Company are contained in the Company’s news release dated January 31, 2022.

The Company also announces that Mark Lotz has resigned as the Company’s Chief Financial Officer. Mr.

Lotz has served the Company in this role since incorporation an d the Company extends its thanks to him

for his guidance and services during that time.

Brandon Schwabe has been appointed as the Company’s new Chief F inancial Officer. Mr. Schwabe is a

businessman and provides management consulting services to publ ic and private companies. He is a

Chartered Professional Accountant (CPA, CGA) and has a Bachelor of Technology in Accounting degree

with distinction from the British Columbia Institute of Technology.

About the Company

The Company is engaged in acquisition, exploration, and development of mineral property assets in Canada.

The Company’s objective is to locate and develop economic preci ous and base metal properties of merit

and to conduct exploration programs on its Cameron Lake East Pr oject, located in the Kenora Mining

Division of northwestern Ontario, 75 km southeast of the town o f Kenora and its Rambler and Tilt Cove

Projects, located in Newfoundland and Labrador.

ON BEHALF OF THE BOARD OF DIRECTORS

s / “ Richard Macey”

Richard Macey, President, Chief Executive

Officer and Director

The offered securities have not been and will not be registered under the United States Securities Act of 1933, as

amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold in the

United States or to “U.S. persons”, as such term is defin ed in Regulation S under the U.S. Securities Act, absent

such registration or an applicable exemption from such re gistration requirements. This news release shall not

constitute an offer to sell or the solicitation of an offer to buy the offered securities in any jurisdiction.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy

or accuracy of this release.