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Headwater Gold Inc. press release

Headwater Gold Grants Stock Options

CSE - Canadian National Stock Exchange · Gold · Silver · Arsenic · Antimony · Mercury · Selenium · Molybdenum · Gypsum · Zeolite · Canada

(TheNewswire)

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Vancouver, B C - TheNewswire - March 17, 2023 - Headwater Gold Inc. (CSE:HWG ) ( OTC:HWAUF) (the " Company " or " Headwater ") that it has granted 550,000 incentive stock options (the “Options”) to a director, officer, employees and consultants of the Company. Each Option is exercisable to purchase one common share of the Company at a price of $0.38 for a five-year term. The Options are subject to the acceptance of the Canadian Securities Exchange.

On Behalf of the Board of Directors

Caleb Stroup

President and CEO

+1 (775) 409-3197

cstroup@headwatergold.com

For further information, please contact:

Brennan Zerb

Investor Relations Manager

+1 (778) 867-5016

bzerb@headwatergold.com

Copyright (c) 2023 TheNewswire - All rights reserved.

Earlier from Headwater Gold Inc.