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Stuhini Exploration Grants Stock Options VANCOUVER

Share Capital & Compensation

Stuhini Exploration Grants Stock Options

VANCOUVER

, Aug. 7, 2019 /CNW/ - Stuhini Exploration Ltd. ("

Stuhini

" or the "

Company

")

(TSX

V:STU)

announces the grant of stock options to directors, officers, employees and consultants

to purchase an aggregate of 600,000 common shares of the Company at an exercise price of

$0.20

per share for a five year term expiring

August 06

, 2024. The option grants vest in stages of 25%

every three month such that all options will fully vest by

August 06, 2020

subject to meeting the

terms and conditions of the Company's Stock Option Plan. The option grants are subject to any

necessary regulatory approvals.

About Stuhini Exploration Ltd.

Stuhini is a mineral exploration Company that is focused on the exploration and development of

precious and base metal properties: Stuhini wholly owns it's Metla Property located in

Northwestern

British Columbia's

Golden Triangle and has entered into an option agreement to purchase the Ruby

Creek Property near

Atlin BC

subject to exchange approval.

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

View original content:

http://www.newswire.ca/en/releases/archive/August2019/07/c7936.html

%SEDAR: 00046568E

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 09:00e 07-AUG-19