METAL HAWK LIMITED. — Capital/Financing Update 2021

Aug 29, 2021

==> picture [595 x 114] intentionally omitted <==

30[th] August 2021

METAL HAWK FURTHER CONSOLIDATES BEREHAVEN NICKEL PROJECT

Metal Hawk Limited ( ASX: MHK , “Metal Hawk” or “The Company”) is pleased to announce that it has purchased the Snake Hill tenement P25/2634 which is located within the Company’s Berehaven Nickel project, approximately 20 kilometres east of Kalgoorlie.

The tenement, which covers 171.4 hectares, was purchased for a sum of 200,000 fully paid MHK shares from a local Kalgoorlie prospector who will retain the alluvial gold rights on the lease for a further 12 months. Metal Hawk’s Managing Director Will Belbin commented: “We are pleased to have secured this key tenement prior to commencing regional exploration on the Berehaven Nickel Project. Exploration plans are progressing well with RC drilling to commence shortly.”

==> picture [451 x 368] intentionally omitted <==

----- Start of picture text ----- P25/2634Leo Dam----- End of picture text -----

Figure 1 . Berehaven Nickel Project - P25/2634 shown in red

1

==> picture [595 x 114] intentionally omitted <==

==> picture [244 x 406] intentionally omitted <==

Figure 2. Alluvial gold recently recovered from tenement P25/2634

This announcement has been authorised for release by Mr Will Belbin, Managing Director, on behalf of the Board of Metal Hawk Limited.

For further information regarding Metal Hawk Limited please visit our website at www.metalhawk.com.au or contact:

Will Belbin Managing Director admin@metalhawk.com.au

2