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Stuhini Exploration Announces Grant of Stock Options

Share Capital & Compensation

Stuhini Exploration Announces Grant of Stock

Options

VANCOUVER, BC

,

Jan. 26, 2023

/CNW/ - Stuhini Exploration Ltd. (the "

Company

" or

Stuhin

i")

(TSXV: STU) is pleased to announce the grant of stock options to certain directors, officers and

consultants.

The Company has granted to directors, officers and consultants of the Company options to purchase

an aggregate of 1,200,000 common shares of the Company at

$0.48

per share for a term of three

years, expiring

January 26, 2026

. The options will vest as to 25% every three months after the date

of grant and are subject to the terms of the Company's Stock Option Plan and TSX–V approval.

About Stuhini Exploration Ltd.

Stuhini is a mineral exploration company focused on the exploration and development of precious

and base metals properties in western

Canada

and southwestern

USA

. The Company's portfolio of

exploration properties includes: its flagship, the Ruby Creek Property located approximately 20 km

east of

Atlin, British Columbia

; the Que Project located approximately 70 km north of Johnson's

Crossing in the

Yukon

; the South Thompson Project located approximately 35 km northwest of

Grand Rapids, Manitoba

; the Big Ledge Property located approximately 57 km south of

Revelstoke,

British Columbia

; and its new portfolio of 4 properties in southeast

Arizona

.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

We seek Safe Harbor

SOURCE

Stuhini Exploration Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2023/26/c7126.html

%SEDAR: 00046568E

For further information:

David O'Brien, President & Chief Executive Officer, Telephone: (604) 835-

4019, Email: [email protected]

CO: Stuhini Exploration Ltd.

CNW 21:48e 26-JAN-23