Mr. Patrick Power reports

ARCTIC STAR PROVIDES BI-WEEKLY MCTO STATUS REPORT

Further to its news releases dated May 1, 2025, May 15, 2025, and May 29, 2025, Arctic Star Exploration Corp. has voluntarily applied for and the company's principal regulator, the British Columbia Securities Commission (BCSC), has granted a management cease trade order dated May 1, 2025, under National Policy 12-203 Management Cease Trade Orders, and provided the company with an extension to file its annual financial statements for the period ended Dec. 31, 2024, including the related management discussion and analysis, and related certifications on or before April 30, 2025. The deadline has now been extended to on or before June 30, 2025.

Pursuant to the MCTO, the chief executive officer and the chief financial officer of the company may not trade in securities of the company until such time as the company files its annual financial filings on or before June 30, 2025, and the executive director of the BCSC revokes the MCTO. The MCTO does not affect the ability of shareholders to trade their securities.

The company is working expeditiously and expects to file on or before June 30, 2025.

The company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports in the form of news releases until the time it has filed the annual financial filings.

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, which 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 in Kuusamo, Finland. The company continues to look for appropriate diamond opportunities elsewhere.

We seek Safe Harbor.