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NEWS RELEASE: August 18, 2020 © Arctic Hunter Energy Inc. (TSX-V: AHU)

ARCTIC HUNTER ENERGY INC.<br>c/o Suite 1200 - 750 West Pender Street<br>Vancouver, British Columbia, V6C 2T8<br>Telephone: (604) 681-3131 <br><br>NEWS RELEASE<br>August 18, 2020<br>TSX-V Trading Symbol: AHU <br><br>VANCOUVER, B.C. u2013 Arctic Hunter Energy Inc. (TSX-V: AHU) (u201cArctic Hunteru201d or the u201cCompanyu201d) 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 Advisory Board. As senior consultants, 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 company now has over 61 years of combined geological expertise and technical knowledge of in the Red Lake 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 oversee the companysu2019 gold acquisition and exploration activities.<br><br>MICHAEL DEHN, CHIEF ADVISOR (FORMERLY OF GOLDCORP)<br><br>Mr. Dehn has over 25 years of solid experience in Canadau2019s exploration and mining industry. Between 1994 and 2005, he worked as an exploration geologist and later became senior geologist with Goldcorp Inc. During his 11 year tenure with Goldcorp Inc. (u201cGoldcorpu201d), Mr. Dehn played a vital role in Goldcorpu2019s regional exploration programs within the Red Lake Gold District of Northern Ontario, as well as with the Goldcorp Challenge, where all of Goldcorpu2019s 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 identify 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 exploration companies with dynamic potential. As a geologist, 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 exploration 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 proven himself as a visionary, gold discoverer, and trusted adviser, by introducing unique and strategic investor groups, often outside of the mining arena, to new world class exploration opportunities within proven, and newly emerging gold camps in Ontario, Canada.<br><br>TIM TWOMEY, P.GEO (FORMERLY OF GOLDCORP)<br><br>Mr. Twomey brings over 35 years of Senior geological experience to the technical team of Arctic Hunter. Mr. Twomey played a key role in the discovery of Goldcorpu2019s u201cHigh-Grade Zoneu201d, and as a result held the position of Senior Exploration Geologist with Goldcorpu2019s Regional Exploration 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 to understanding the regional geology and controls on high grade gold mineralization 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.<br><br>Commented Tim Coupland, President & CEO of Arctic Hunter: u201c We are extremely excited and pleased to be welcoming such highly esteemed individuals of Michael and Timu2019s 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 gold 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 Hunteru2019s current management team, and other seasoned geological and industry professionals, as they pursue this new high impact exploration strategy positioning the Company for future success. The Company is currently reviewing a number of potential largescale gold exploration project opportunities, in several mining friendly and safe jurisdictions within Canada, and we will announce any acquisitions, once preliminary due diligence, dataset review, and due diligence has been performed by our Technical Teams. u201c<br><br>ABOUT ARCTIC HUNTER u2013 OIL AND GAS PRODUCTION & GOLD MINERAL EXPLORATION<br><br>The Company is a Canadian Oil & Gas exploration and mining resource development Company that is focused in developing itsu2019 production capabilities, 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 selective acquisitions and development of mining, petroleum and natural gas resource assets situated in favorable resource jurisdictions. <br><br>The Company has qualified management and has Oil & Gas and Mining teams of professionals 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 committed to minimizing risk through the selective acquisition, exploration and development of both petroleum and natural gas resource and mineral exploration assets.<br><br>FOR FURTHER INFORMATION, PLEASE CONTACT:<br><br>Tim Coupland, President and CEO<br>Arctic Hunter Energy Inc.<br>Tel: (604) 681-3131 <br>astar@telus.com<br><br>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.

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NEWS RELEASE: August 18, 2020 © Arctic Hunter Energy Inc. (TSX-V: AHU)

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  1. ARCTIC HUNTER ENERGY INC. Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8 Telephone: (604) 681-3131 NEWS RELEASE August 18th, 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 Advisory Board. As senior consultants, 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 company now has over 61 years of combined geological expertise and technical knowledge of in the Red Lake 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 oversee the companys’ 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 exploration geologist and later became senior geologist with Goldcorp Inc. During his 11 year tenure with Goldcorp Inc. (“Goldcorp”), Mr. Dehn played a vital 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 identify 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 exploration companies with dynamic potential. As a geologist, 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 exploration 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 proven himself as a visionary, gold discoverer, and trusted adviser, by introducing unique and strategic investor groups, often outside of the mining arena, to new world class exploration opportunities within proven, and newly emerging gold camps in Ontario, Canada.

  2. 2 TIM TWOMEY, P.GEO (FORMERLY OF GOLDCORP) Mr. Twomey brings over 35 years of Senior geological experience to 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 Geologist with Goldcorp’s Regional Exploration 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 to understanding the regional geology and controls on high grade gold mineralization 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, President & CEO of Arctic Hunter: “ We are extremely excited and pleased to be welcoming such highly 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 gold 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 Hunter’s current management team, and other seasoned geological and industry professionals, as they pursue this new high impact exploration strategy positioning the Company for future success. The Company is currently reviewing a number of potential largescale gold exploration project opportunities, in several mining friendly and safe jurisdictions within Canada, and we will announce any acquisitions, once preliminary due diligence, dataset review, and due diligence has been 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 its’ production capabilities, 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 selective acquisitions and development 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 professionals 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 committed to minimizing risk through the selective acquisition, exploration and development of both petroleum and natural gas resource and mineral exploration assets.

  3. 3 FOR FURTHER INFORMATION, PLEASE CONTACT: Tim Coupland, President and CEO Arctic Hunter Energy Inc. Tel: (604) 681-3131 astar@telus.com 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.

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