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AHM.H.V ·

Antler Hill Announces Grant of Stock Options

Share Capital & Compensation

For Immediate Release

Antler Hill Announces Grant of Stock Options

May 20, 2022 – Vancouver, British Columbia, Canada - Antler Hill Mining Ltd. (TSXV: AHM.H) (the “Corporation” or “Antler Hill”) announces the grant of incentive stock options pursuant to its stock option plan to directors and officers of the Company to purchase up to an aggregate of 1,227,902 common shares of the Company. The stock options are exercisable at a price of $0.135 per share and expire ten years from the date of grant.

Under TSX Venture Exchange (the “Exchange”) CPC policies, the stock options and shares issued upon exercise of the stock options are subject to escrow and will be released from escrow on the date the Exchange issues its final bulletin for the completion of the Corporation’s Qualifying Transaction (as such term is defined in Exchange policies).

For further information, please contact:

ANTLER HILL MINING LTD.

Matthew Wood, Interim CEO and Chairman T: (976) 9999-0754 E: [email protected] Web: www.antlerhillmining.com

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