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Arctic Hunter Appoints Michael Dehn and Tim Twomey P.geo, Both Formerly of Goldcorp Inc., to Its Senior Exploration and Technical Advisory Board ____________________________________________________________________________________

Management Changes

ARCTIC HUNTER ENERGY INC.

Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8

Telephone: (604) 681-3131

NEWS RELEASE

August 18, 2020 TSX-V Trading Symbol: AHU

______________________________________________________________________________________

ARCTIC HUNTER APPOINTS MICHAEL DEHN AND TIM TWOMEY P.GEO, BOTH FORMERLY OF GOLDCORP

INC., TO ITS SENIOR EXPLORATION AND TECHNICAL ADVISORY BOARD

____________________________________________________________________________________

VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX -V: AHU) (“ Arctic Hunter” or the “ Company”) announces it

has appointed Mr. Michael Dehn and Mr. Tim Twomey , P.Geo , both formerly of Goldcorp Inc. , to its newly

established Gold Exploration and Technical A dvisory Board. As senior consu ltants, they will explore new gold

exploration opportunities, currently available and under review, in the Red Lake Gold camp and surrounding and

emerging gold districts in Ontario, Canada. With the welcome additions of Mr. Dehn and Mr. Twomey to the the

Technical Advisory Board, the C ompany now has over 61 years of combined geologi cal expertise and technical

knowledge of in the Red Lak e Gold District with respect to understanding the geology and controls on gold

mineralization in the Red Lake district and surrounding and emerging gold districts in northern Ontario . Both

Mr. Dehn and Mr. Twomey will provide consulting services to overs ee the Company’s gold acquisition and

exploration activities.

MICHAEL DEHN, CHIEF ADVISOR (FORMERLY OF GOLDCORP)

Mr. Dehn has over 25 years of solid experience in Canada’s exploration and mining industry. Between 1994 and

2005, he worked as an explora tion geologist and later became senior geologist with Goldcorp Inc. Duri ng his 11

year tenure with Goldcorp Inc. (“Goldcorp”), Mr. Deh n played a v ital role in Goldcorp ’s regional exploration

programs within the Red Lake Gold District of Northern Ontario , as well as with the Goldcorp Challenge , where

all of Goldcorp’s Red Lake Mine data was shared with the public and outside experts had the opportunity to win

prizes totalling $575,000, if they were able to help id entify and locate the next six million ounces of gold within

the Red Lake Mine. His expertise lies in grassroots to advanced mineral exploration and advancing, marketing

and financing junior exp loration companies with dynamic potential. As a ge ologist, Michael Dehn is considered

by many in the gold mining and exploration industry to be one of the foremost authorities understanding the

various idiosyncrasies of the Red Lake Gold Camp and the many surrounding gold districts . In his previous roles

with other successful mining and junior explorat ion companies, Mr. Dehn has been instrumental in positioning

the Junior gold exploration company for both strategic and operational successes very rapidly under his

guidance. Mr. Dehn has pr oven himself as a visi onary, gold discoverer , and trusted adviser , by intr oducing

unique and strategic investor g roups, often outside of the mining arena, to new world c lass exploration

opportunities within proven, and newly emerging gold camps in Ontario, Canada.

2

TIM TWOMEY, P.GEO (FORMERLY OF GOLDCORP)

Mr. Twomey brings over 35 years of Senior geological experience t o the technical team of Arctic Hunter. Mr.

Twomey played a key role in the discovery of Goldcorp ’s “High-Grade Zone”, and as a result held the position of

Senior Exploration Geol ogist with Gold corp’s Regional E xploration Team in the Red Lake Gold Camp and

surrounding district. As a highly respected geologist, Mr. Twomey has also previously worked with Premier Gold

Mines Ltd., Yamana Gold Inc. and Mega Precious Metals Inc., to advance their respective Red Lake District Gold

exploration projects. Mr. Twomey brings to the Arctic Hunter team a vast wealth of knowledge and exploration

experience necessary t o understanding the regional geology and controls on high gra de gold min eralization

hosted within the Red Lake Gold Camp and surrounding gold districts. Mr. Twomey is expected to evaluate and

advance any of the companies potential and upcoming exploration acquisitions currently under review.

Commented Tim Coupland , Presid ent & CEO of Arctic Hunter: “ We are extreme ly e xcited and pleased to be

welcoming such highl y esteemed individuals of Michael and Tim ’s calibre, who played key roles with Goldcorp,

and will now be assisting our newly formed technical team, and embarking on this new strategy with seasoned

geological professionals with a track record of success finding high-grade gold, that will assist the company in

reviewing and acquiring large district scale and newly emerging gol d exploration projects that are becoming

available to the Company during this new gold mining boom. The newly appointed Senior Advisory Team will be

working closely with Arctic Hun ter’s current management te am, and other seasoned geological and indu stry

professionals, as they pursue this new high impact exploration st rategy p ositioning the Company for future

success. The Company is currently reviewing a number of poten tial largescale gold exploration project

opportunities, in several mining friend ly an d safe juri sdictions within Canada , and we will announce any

acquisitions, once preli minary due diligence , dataset review, and due diligence has be en performed by our

Technical Teams. “

ABOUT ARCTIC HUNTER – OIL AND GAS PRODUCTION & GOLD MINERAL EXPLORATION

The Company is a Canadian Oil & Gas exploration and mining resource development Company that is focused in

developing i ts’ production capabil ities, obtaining potential future oil production revenues, discovering and

acquiring advanced gold and silver mineral assets. The Company identifies, acquires and finances the

acquisition, exploration and development of mining and oil and gas assets primarily situated Canada, the United

States and Mexico. The Company is currently reviewing a number of gold mineral exploration opportunities, and

identifying low risk exploration opportunities through se lective a cquisitions an d develo pment of mining,

petroleum and natural gas resource assets situated in favorable resource jurisdictions. “

The Company has qualified management and has Oil & Gas and Mining teams of pr ofessionals seasoned in

production, field exploration and drilling. The Company has the necessary manpower in place to develop its

natural resource properties and manage its production properties. The Company is comm itted to minimizing risk

through the selective acquisition, exploration and development of both petroleum and natural gas resource and

mineral exploration assets.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO

Arctic Hunter Energy Inc.

Tel: (604) 681-3131

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of

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