Headwater Gold Inc.

Vancouver, BC – 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

[email protected]

For further information, please contact:

Brennan Zerb

Investor Relations Manager

+1 (778) 867-5016

[email protected]

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