Gold Hunter Resources Inc. — Capital/Financing Update 2021

May 26, 2021

Not for distribution to United States newswire services or for dissemination in the United States.

GOLD HUNTER RESOURCES INC.

9285 – 203B Street

Langley, British Columbia V1M 2L9

NEWS RELEASE

GOLD HUNTER RESOURCES INC. REPRICES STOCK OPTIONS

VANCOUVER, British Columbia , May 25, 2021 – GOLD HUNTER RESOURCES INC . (the “ Company ”) (CSE: “ HUNT ”) announced today that has entered into option amending agreements with its directors and officers pursuant to which the exercise price of 800,000 incentive stock options, originally granted on October 1, 2020, has been increased from $0.15 per share to $0.50 per share. All other terms and conditions of the original option agreements remain unamended.

About the Company

The Company is engaged in acquisition, exploration and development of mineral property assets in Canada. The Company’s objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Cameron Lake East Project. The Issuer’s sole property is the Cameron Lake East Project, located in the Kenora Mining Division of northwestern Ontario, 75 km southeast of the town of Kenora.

ON BEHALF OF THE BOARD OF DIRECTORS

Per: s/ “Richard Macey” Richard Macey, President, Chief Executive Officer and Director

The offered securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”), or any applicable state securities laws and may not be offered or sold in the United States or to “U.S. persons”, as such term is defined in Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the offered securities in any jurisdiction.

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.