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File: ARCTIC STAR News Releaseannouncing status of private placement (January....docx

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 TSX-V: ADD
 
 
 Frankfurt: 82A1
WKN: A2DFY5
 
 
 January 25, 2019
 
 
Arctic Star Announces Status of Private Placement


January 25, 2019 - Vancouver, British Columbia - Arctic Star Exploration Corp. ("Arctic Star" or the "Company") announ
--->ces that further to its previously announced private placement in its news release dated January 24, 2019, the Company
---> has received conditional acceptance from the TSX Venture Exchange and is in the process of closing a first tranche of
---> the private placement.
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
"Patrick Power"
Patrick Power, President & CEO
+1 (604) 218-8772
ppower@arcticstar.ca


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 the risk that the Company is unable to close the first tranche of the private placement. There c
--->an be no assurance that such statements will prove to be accurate, as actual results and future events could differ ma
--->terially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-l
--->ooking statements. Arctic Star undertakes no obligation or responsibility 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.