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File: Arctic Star news release reclosing of third tranche of private placement.DOCX

ARCTIC STAR EXPLORATION CORP.
14th floor - 1111 W. Georgia St.
Vancouver, BC V6E 4M3
Tel: (604) 689 - 1799

info@arcticstar.ca  www.arcticstar.ca 
ARCTIC STAR ANNOUNCES CLOSING OF THIRD TRANCHE OF PRIVATE PLACEMENT
July 30, 2014 - Arctic Star Exploration Corp. (TSXV: ADD) (the "Company" or "Arctic Star") announces that it has close
--->d the third tranche of a non-brokered private placement financing (the "Offering") it previously announced by news rel
--->eases dated July 9, 21, and 28, 2014.
The Company issued 4,449,017 non-flow-through units (each, a "NFT Unit") at a price of $0.12 per NFT Unit for gross pr
--->oceeds of $533,882. Each NFT Unit consists of one common share in the capital of the Company and one-half of one share
---> purchase warrant (a "Warrant"), with one whole Warrant entitling the holder to acquire one additional common share in
---> the capital of the Company (a "Warrant Share") at a price of $0.20 per Warrant Share until July 30, 2016.  
The Company issued a cumulative total of 3,825,000 flow-through units and 10,347,349 NFT Units for aggregate gross pro
--->ceeds of $1,777,182.
The Company paid cash finders' fees to certain finders in the amount of $38,400 and issued 320,000 warrants (the "Find
--->ers' Warrants") exercisable into additional common shares ("Finders' Warrant Shares") at a price of $0.20 per Finders'
---> Warrant Share until July 30, 2016.
All securities issued in the Offering will be subject to a statutory hold period expiring December 1, 2014. 
The Company intends to use the proceeds from the Offering for general corporate purposes and to investigate potential 
--->new projects for the company. The Company will use the flow through funds for a new project in Canada, which the Compa
--->ny has yet to acquire
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP. 

Patrick Power, President 
(604) 689-1799 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.