March 31, 2022 – Vancouver, British Columbia – Hawkmoon Resources Corp. (CSE:HM; OTCQB:HWKRF; FSE:966) (“Hawkmoon” or the “Company”) announces the termination of its option agreement dated May 17, 2019 with North American Exploration (“NAE”) (the “Option Agreement”). The notice of termination was provided to NAE on March 29th, 2022 with an effective termination fifteen (15) days following the delivery of the notice.

Pursuant to the Option Agreement, Hawkmoon was granted the right to earn up to a 100% interest to NAE’s Romeo property claims (the “Claims”) located in Quebec, Canada. However, Hawkmoon has elected to discontinue funding under the Option Agreement and focus on the exploration of its other properties.

Hawkmoon will take steps to ensure its termination requirements under the Option Agreement are met and the Claims are left in good standing.

About Hawkmoon Resources

Hawkmoon is focused entirely on its two Quebec gold projects. The Wilson Project is located in one of the world’s largest gold endowed areas, the Abitibi Greenstone Belt, and is accessed by government-maintained roads and located east of the town of Lebel-sur-Quévillon. The Lava Project is situated in the Belleterre Gold Camp southwest of Val-d’Or.

For more information, review the Company’s filings available at www.sedar.com.

HAWKMOON RESOURCES CORP.,

ON BEHALF OF THE BOARD

“Branden Haynes”

Branden Haynes, Chief Executive Officer

Forward Looking Statements

This news release contains certain forward-looking statements. The use of the word “expected”, “projected”, “pursuing”, “plans” and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this news release include statements regarding: focus on the exploration of Hawkmoon’s other option and Hawkmoon taking steps to ensure the Claims are left in good standing. The forward-looking statements are made as at the date hereof and the Company disclaims any intent or obligation to publicly update any forward-looking statements, where because of new information, future events or results, or otherwise, except as required by applicable securities laws.

For more information, please contact Branden Haynes, Chief Executive Officer and Director, Email: branden@hawkmoonresources.com; Telephone: 604-817-1595