Stuhini Provides Private Placement Update

Stuhini Provides Private Placement Update

/NOT FOR DISTRIBUTION TO

UNITED STATES

NEWSWIRE SERVICES OR FOR

DISSEMINATION IN

THE UNITED STATES

./

VANCOUVER

,

Sept. 16, 2019

/CNW/ -

Stuhini Exploration Ltd. (TSX-V STU)

(the "

Company

" or

"

Stuhini

") wishes to clarify that the proceeds of the private placement announced on

August 16,

2019

will not be used in relation to the Ruby Creek Property. As announced on

July 30, 2019

, the

Company entered into an option agreement to acquire a 100% interest in the Ruby Creek Property,

which agreement remains subject to TSX-V and disinterested shareholder approval.

The private placement is fully subscribed and is scheduled to close on or about

September 18,

2019

.

About Stuhini Exploration Ltd.

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

and base metals properties with its focus on the Metla Property located in northwestern

British

Columbia, Canada

, approximately 150 kilometres south of the town of Atlin and the road accessible

Ruby Creek Property located 20 kilometres northeast of

Atlin

.

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 news release.

SOURCE

Stuhini Exploration

View original content:

http://www.newswire.ca/en/releases/archive/September2019/16/c6708.html

%SEDAR: 00046568E

For further information:

David O'Brien, President & Chief Executive Officer, Telephone: (604) 418-

4019, Email: [email protected]

CO: Stuhini Exploration

CNW 09:15e 16-SEP-19