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FEX.V ·

Fjordland Grants Stock Options

Share Capital & Compensation

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Suite 1100 – 1111 Melville Street Tel: (604) 688-3415

Vancouver, B.C. V6E 3V6 Email: [email protected]

TSX-V: FEX

FOR IMMEDIATE RELEASE NR2021-10

Fjordland Grants Stock Options

Vancouver, BC, August 26, 2021 ─ Fjordland Exploration Inc. (TSX-V: FEX) (“Fjordland” or the “Company”) The board

of directors of Fjordland reports it has granted 1,025,000 incentive stock options to directors, officers and contractors of

the Company under its stock option plan, in accordance with the Company's compensation policy. The options are

exercisable for five years at a price of $0.125 per share and are subject to the policies of the TSX Venture Exchange.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company that is focused on the discovery of large- scale economic

metal deposits located in Canada.

Fjordland, as operator, has an agreement to acquire 100% of the Renzy nickel copper project located near Maniwaki

Quebec from Quebec Precious Metals. The project encompasses the former Renzy Mine where during the period from

1969 to 1972, 716,000 short tons were mined with average grades of 0.70% nickel and 0.72% c opper. Fjordland has

staked additional claims to increase the size of the project to 235 sq. km.

In collaboration with Ivanhoe Electric Inc. (formerly High Power Exploration Inc. ) and Commander R esources Ltd.,

Fjordland is exploring the South Voisey’s Bay “Pants Lake Intrusive” target which is in a geologic setting analogous to the

nearby nickel-cobalt-copper Voisey’s Bay deposit.

Fjordland (42.3%), together with Northwest Copper Corp. (57.7%), operate the West Milligan copper gold project located

within 4 km of Centerra’s Mount Milligan copper gold mine in central British Columbia.

Robert Cameron, P. Geo., a technical advisor to the Company, is a qualified person within the context of National

Instrument 43-101 and has read and takes responsibility for the technical aspects of this release. For further technical

information please visit Fjordland’s website at www.fjordlandex.com

ON BEHALF OF THE BOARD OF DIRECTORS

“James Tuer”

James Tuer, CEO

For further information:

James Tuer

Ph: 604-688-3415

[email protected]

www.fjordlandex.com

Forward-Looking Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical

fact included in this news release, including, without limitation, statements regarding the use of proceeds from the private

placement, and other future plans and objectives of the Company are forward-looking statements that involve various risks and

uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future e vents

could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ

materially from the Company's plans or expectations include market prices, general economic, market or business conditions ,

regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in

the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to

update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as

otherwise required by applicable securities legislation.

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.