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SEAG.X.CN ·

Seahawk Ventures Inc. Grants Stock Options

Share Capital & Compensation

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES

OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

Seahawk Ventures Inc.

NEWS RELEASE

Seahawk Ventures Inc. Grants Stock Options

VANCOUVER, BC, Canada ( August 5, 2020) – Seahawk Ventures Inc. (CSE: SHV )

(“Seahawk") announces it has granted incentive stock options to certain directors and consultants

of the Company for the right to pu rchase up to an aggregate of 1,700,000 common shares of the

Company, exercisable at a p rice of $0.30 per share for a period of 24 months. The stock options

are granted in accordance with the Company's Stock Option Plan, which was approved by the

shareholders at the Company's annual general meeting on December 11, 2019, and the policies of

the Canadian Stock Exchange.

About Seahawk Ventures Inc.

Seahawk Ventures Inc. is a publicly traded Canadian resource exploration company trading in

Canada (CSE: SHV), the U.S. (OTC Pink: SEHKF) and Germany (F SE: 7SR). Seahawk is the

100% owner of four properties along the Urban-Barry Greenstone Belt in the Abitibi sub province

of mining friendly Quebec, Canada.

For more information please contact Seahawk Ventures Inc.

Giovanni Gasbarro, Mitchell E. Lavery, P.Geo.

CEO and Director at 1-604-939-1848 President and Director at 1-613-298-1596

Neither the Canadian Stock Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of

the Canadian Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This presentation contains forward -looking statements or

forward-looking information (forward -looking statements). These statements can be identified by expressions of belief,

expectation or intention, as well as those statements that are not historical fact. Forward-looking statements involve a number of

risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied

by the forward -looking statements. Forward -looking statements contained in this press release are based on our current

estimates, expectations and projections, which the company believes are reasonable as of the current date. Actual results could

differ materially from those anticipated or implied in the forward-looking statements and as a result undue reliance should not be

placed on forward-looking information.