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File: 042715- ADD P.P. increased wts extended.docx

ARCTIC STAR EXPLORATION CORP.
Suite 1400 - 1111 West Georgia Street
Vancouver, BC,
V6E 4M3
Tel: (604) 689 - 1799   Fax: (604) 689 - 8199
info@arcticstar.ca
www.arcticstar.ca

Arctic Announces increased Private Placement

April 27, 2015 - Arctic Star Exploration Corp, ("Arctic Star" or the "Company") (TSXv-ADD) is pleased to announce that
---> due to increased demand the Private placement announced March 17th, 2015 has been increased.  The non-brokered privat
--->e placement to raise approximately $1,700,000 million has been increased now to $1,850,000 through the placement of a 
--->combination of common shares and flow-through common shares. The common shares to be issued under the placement have b
--->een priced at $0.05 per share, and the flow-through common shares have been priced at $0.06 per share.  Both Flow-thro
--->ugh and common shares come with a half non flow-through warrant.  Each two half warrants entitles the holder to purcha
--->se a common share for $0.10.  The exercise period for the warrants announced March 17th, 2015 was for a two-year perio
--->d.  This two-year period has been amended to a five-year exercise period for both flow through and non-flow through wa
--->rrants.

The proceeds from the Placement will be used to fund the Company's 2015 exploration programs on its 100 percent owned 
--->Stein Nunavut project as well as T-Rex and Triceratops properties located in the NWT and for general corporate purpose
--->s. The exploration program includes a Proceeds from flow-through shares issued under the Placement will be used for Ca
--->nadian 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 t
--->he Income Tax Act (Canada), related to the Company's exploration projects.
Finders fees may be payable subject to exchange approval.

For further information, please visit www.arcticstar.ca and or call or office at 604-689-1799.
 

ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
 
Patrick Power    

       
Patrick Power,
President

Forward Looking Statements:

This news release contains "forward-looking statements" including but not limited to statements with respect to Arctic
---> Star's plans, the estimation of a mineral resource and the success of exploration activities. Forward-looking stateme
--->nts, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause
---> actual results to be materially different from those expressed or implied by such forward-looking statements, includi
--->ng but not limited to: risks related to the successful integration of acquisitions; risks related to general economic 
--->and market conditions; closing of financing; the timing and content of upcoming work programs; actual results of propo
--->sed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processe
--->s to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage 
--->and other risks of the mining industry; changes in national and local government regulation of mining operations, tax 
--->rules and regulations. Although Arctic Star has attempted to identify important factors that could cause actual result
--->s to differ materially from those contained in forward-looking statements, there may be other factors that cause resul
--->ts not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be ac
--->curate, as actual results and future events could differ materially from those anticipated in such statements. Accordi
--->ngly, readers should not place undue reliance on forward-looking statements. Arctic Star undertakes no obligation or r
--->esponsibility to update forward-looking statements, except as required by law.

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.