Stuhihi Exploration Announces Exercise of Stock Options

Stuhihi Exploration Announces Exercise of

Stock Options

VANCOUVER

,

July 15, 2019

/CNW/ - Stuhini Exploration Ltd. (TSX-V STU) (the "Company" or

"Stuhini") is pleased to announce that certain directors, officers and consultants of the Company

have exercised stock options to purchase 410,000 common shares ("Common Shares") in the

capital of the Company at an exercise price ("the Option Exercise") of

$0.10

per Common Share.

These options were originally granted on

April 15, 2018

and had an expiry date of

July 15

, 2019. An

aggregate of 202,500 Common Shares purchased by certain officers and directors of the Company

will remain subject to escrow and will be released at 6 month intervals pursuant to the schedule

determined by NP 46-201. The next scheduled release will be of an additional 1/6 of the remaining

Common Shares subject to escrow (an aggregate of 33750 Common Shares) on

November 21,

2019

.

About Stuhini Exploration Ltd - Stuhini is a mineral exploration Company that is focused on the

exploration and development of precious and base metal properties, with its primary focus on it's

6457 hectare and 100% owned the Metla Property, located in northwestern

British Columbia,

Canada

, approximately 150 kilometers south of the town of

Atlin

and 20 kilometres southeast of

Brixton Metals' Au-Cu-Ag Thorn project.

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.

We seek Safe Harbor

SOURCE

Stuhini Exploration

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http://www.newswire.ca/en/releases/archive/July2019/15/c8751.html

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For further information:

Dave O'Brien, President and CEO, Stuhini Exploration Ltd.,

[email protected], Phone: 604 418-4019, Web: www.stuhini.com

CO: Stuhini Exploration

CNW 19:28e 15-JUL-19