Muzhu Mining Announces Grant of Stock Options

MUZHU MINING ANNOUNCES GRANT OF STOCK

OPTIONS

January 5th, 2022 - Vancouver, B.C.; Muzhu Mining Ltd. (CSE: MUZU)

(“Muzhu” or the “Company”) announces it has granted incentive stock

options to certain directors, officers and consultants of the Company to

acquire an aggregate of 1,330,000 common shares in the capital of the

company at an exercise price of $0.14 cents (the “options”) in accordance

with the Company’s 10% rolling incentive stock option plan. The options

are exercisable for a five-year term expiring January 5th, 2027.

Muzhu Mining Ltd. is a Canadian junior exploration company currently

operating in Quebec. Muzhu currently holds a 100% interest in

the Sleeping Giant South Project, located in the Abitibi Greenstone Belt,

approximately 75km South of Matagami, Quebec of which Hwy. #109 runs

through.

ON BEHALF OF THE BOARD OF DIRECTORS

Donald Baxter, P. ENG

CEO

Muzhu Mining Ltd.

Phone: 1-226-455-5644

Email: [email protected]

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation

Services Provider (as that term is defined in the policies of the CSE)

accepts responsibility for the adequacy or accuracy of this release.