VANCOUVER, BC, March 7, 2025 /CNW/ – Stuhini Exploration Ltd. (“Stuhini” or the “Company“) STU and STXPF has announced plans to extend the expiry date of previously issued common share purchase warrants (the “Warrants“) that allow for the purchase of up to 3,000,000 shares at an exercise price of $0.50 each. Additionally, the Company has decided to terminate the amended Que Property (“Property“) Option Agreement (“Agreement” or “Option Agreement“) with the Property vendors.

Proposed Extension of Warrant Expiry Date
The Warrants were issued during a non-brokered private placement of units (the “Units“), where each Unit comprised one common share and half of one common share purchase Warrant. This offering closed on March 17, 2023, with 3,000,000 Warrants set to expire on March 17, 2025. If accepted by the TSX Venture Exchange, the new expiry date will be extended to March 17, 2027. All other terms and conditions of the Warrants will not change. This expiry date extension is subject to TSX Venture Exchange approval.

Que Project Option Termination
Stuhini’s decision to terminate the Option Agreement comes as a response to current market conditions and a strategic focus on projects in Nevada. The Company expressed gratitude to the project vendors for their efforts and the opportunity and looks forward to potential collaborations in the future.

About Stuhini Exploration Ltd.
Stuhini is a mineral exploration company dedicated to precious and base metal exploration and development in western Canada and the southwest United States. The Company’s portfolio includes notable properties such as the flagship Ruby Creek Property, located 14 km east of Atlin, BC; the South Thompson Nickel Project, 35 km northwest of Grand Rapids, Manitoba; the Big Ledge Property, 57 km south of Revelstoke, BC; and multiple projects in Nevada and Arizona.

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined by TSX policies) accept responsibility for the adequacy or accuracy of this release.

SOURCE Stuhini Exploration Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2025/07/c9589.html