Mr. Patrick Power reports

ARCTIC STAR TO DEFEND NOTICE OF ACTION

Arctic Star Exploration Corp. has received a notice of action and statement of claim that has been commenced in the Ontario Superior Court of Justice. The litigation claim was filed by Robert Shindleman and Sandy Shindleman naming Arctic Star as a defendant amongst other parties.

The litigation claim seeks damages in the aggregate amount of $600,000 plus punitive damages and costs. The litigation claim relates to a private placement the company conducted in 2015 and specifically, whether the offering constituted an eligible flow-through offering of shares pursuant to the provisions of the Income Tax Act (Canada).

The company expects to vigorously defend itself against these allegations. The company denies it is liable as alleged in the litigation claim and expressly reserves all of its rights and remedies. Additional updates will be provided in due course.

About Arctic Star Exploration Corp.

Arctic Star is predominantly a diamond explorer, recently discovering five new kimberlites in the prolific Lac De Gras kimberlite field that supports two multibillion-dollar kimberlite mining complexes. The company also has a 958-hectare exploration permit containing several diamond-bearing kimberlites on its Timantti project, Kuusamo, Finland.

We seek Safe Harbor.