Stuhini Exploration Grants Stock Options

Stuhini Exploration Grants Stock Options

VANCOUVER

,

Feb. 28, 2020

/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 425,000 common shares of the Company at an

exercise price of

$0.25

per share for a five year term expiring

February 28, 2025

. The option grants

vest in stages of 25% every three months such that all options will fully vest by

February 28, 2021

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 its Metla Property located in northwestern

British Columbia

, has entered into an option agreement to purchase the Ruby Creek Property near

Atlin BC

and has an option agreement to purchase the Que Property near Johnson's Crossing,

Yukon Territory

subject to approval of the TSX Venture Exchange.

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

View original content:

http://www.newswire.ca/en/releases/archive/February2020/28/c1258.html

%SEDAR: 00046568E

For further information:

David O'Brien, President & Chief Executive Officer, Stuhini Exploration

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

CO: Stuhini Exploration

CNW 09:25e 28-FEB-20