Mr. Patrick Power reports

ARCTIC ANNOUNCES INCREASED PRIVATE PLACEMENT

Due to increased demand, Arctic Star Exploration Corp. has increased its private placement announced March 17, 2015. The non-brokered private placement to raise approximately $1.7-million has been increased now to $1.85-million through the placement of a combination of common shares and flow-through common shares. The common shares to be issued under the placement have been priced at five cents per share, and the flow-through common shares have been priced at six cents per share. Both flow-through and common shares come with a half non-flow-through warrant. Each two half warrants entitles the holder to purchase a common share for 10 cents. The exercise period for the warrants announced March 17, 2015, was for a two-year period. This two-year period has been amended to a five-year exercise period for both flow-through and non-flow-through warrants.

The proceeds from the placement will be used to finance the company's 2015 exploration programs on its 100-per-cent-owned Stein project in Nunavut, as well as the T-Rex and Triceratops properties located in the Northwest Territories, and for general corporate purposes. The proceeds from flow-through shares issued under the placement will be used for Canadian exploration expenses within the meaning of the Income Tax Act (Canada). The company shall use its best efforts to ensure that an amount equal to such proceeds will be used to incur Canadian exploration expenses, for purposes of the Income Tax Act (Canada), related to the company's exploration projects.

Finders' fees may be payable subject to exchange approval.

We seek Safe Harbor.