Early Warning Report - Under Section 5.2 of National Instrument 62-104

ARCTIC HUNTER URANIUM INC.

Suite 506 - 675 West Hastings Street · Vancouver · British Columbia · V6B 1N2 Telephone: (604) 681-3131 Facsimile: (604) 408-3884

NEWS RELEASE

September 21, 2010 CNSX Trading Symbol: AHU ________________________________________________________________________________________

EARLY WARNING REPORT - UNDER SECTION 5.2 OF NATIONAL INSTRUMENT 62-104

Vancouver, B.C. - Arctic Hunter Uranium Inc. (CNSX: AHU) (the “Company”) - Tim Coupland, a director and officer of the Company, has acquired 616,000 common shares of the Company. The 616,000 common shares acquired represent approximately 4.85% of the issued and outstanding shares of the Company on a non-diluted basis. The shares were acquired pursuant to a private placement (450,000 common shares) and through the facilities of the Canadian National Stock Exchange (166,000 common shares), at prices ranging from $0.16 per share to $0.35 per share.

As a result of the foregoing acquisition, Mr. Coupland has direct and indirect control and direction over 2,546,000 common shares of the Company, representing approximately 20.047% of the issued and outstanding shares of the Company on a non-diluted basis, and securities (options and warrants) convertible into 903,500 common shares of the Company, representing approximately 6.64% of the issued and outstanding shares of the Company on a partially diluted basis. Mr. Coupland has direct and indirect control and direction over an aggregate of 3,449,500 securities of the Issuer (common shares and convertible securities) representing approximately 25.36% of the issued and outstanding shares of the Company on a partially diluted basis

The securities acquired will be held for investment purposes. Mr. Coupland may, depending on market and other conditions, increase or decrease his beneficial ownership of the Company’s securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.

This press release is issued pursuant to National Instrument 62-104, which also requires a report to be filed with the B.C. Securities Commission, the Alberta Securities Commission and the Ontario Securities Commission containing additional information with respect to the foregoing matters.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO Arctic Hunter Uranium Inc.

Tel: 604.681.3131 Fax 604.408-3884