Arctic Star Announces Management Changes
TSX-V: ADD D Frankfurt: 8 82A1.F OTCQB: AS SDZF October 23, 2018
nces Management Changes Arctic St tar Announ
Arctic Star Exploration Vancouv ver, British Columbia / October 2 23, 2018 / A n Corp. (TS SX.V:
| ADD) (“Arctic Star” or the “Company”) | is pleased | to report th | at Executiv | e Chairman | and | |||
| Director | Patrick Pow | er, has be | en appointe | d as Presid | ent and Ch | ief Executiv | e Officer. | Scott |
| Eldridge | has resigne | d as Presid | ent and Chi | ef Executive | Officer, an | d will remai | n with Arctic | Star |
| as a Dir | ector. In the | new corpo | rate structur | e, effective | immediatel | y, Mr. Powe | r will assu | me all |
| operatio | nal duties. |
| Patrick P | ower is a s | easoned ve | nture capital | ist and finan | cier with ov | er 20 years | of experien | ce as |
| a stock | market prof | essional and | as directo | r of public c | ompanies. | Arctic Star | benefits fro | m Mr. |
| Power’s | wealth of ex | perience as | a savvy de | al maker, a | n adept fina | ncier and a | s a results-d | riven |
| leader o | f dynamic | public com | panies. Th | e company | enjoys Mr | . Power’s l | arge netwo | rk of |
| contacts | within the in | dustry. |
About A Arctic Star
mpany owns 100% of the The Com e recently ac cquired Tima antti Diamon nd Project including a 24 43 Ha Exploration Permit a and a 193,7 700 Ha Exploration Res servation ne ear the town n of Kuusam mo, in Finland. The project is located approximately 550km SW ine in W of the ope erating Grib Diamond Mi Russia. A commenced its explorat and on the Timantti Pro Arctic has c tion in Finla oject, where e four es may represent the first finds in a large kim mberlite field. The diamondiferous kimb berlite bodie Company d exploration properties y also contr rols diamond s in Nunavu ut (Stein), th he NWT (Dia agras and Redemption) an nd a rare me etals project t in BC (Cap p). Arctic St tar has a hig ghly experie enced diamond exploration team previo nd discoveries. ously respon nsible for sev veral world c class diamon
ON BEHALF OF THE E BOARD O OF DIRECTO ORS OF ARC CTIC STAR R EXPLORAT TION CORP P.
Patrick P Power, Chief Executive O Officer ppower@ @arcticstar.c ca
+1 (604) 218-8772
Neither the TSX Ven nture Exchan nge nor its R Regulation S Services Provider (as tha at term is de efined in the p policies of th he TSX Ve enture Exchange) acce epts respons sibility for t the adequac cy or accuracy y of this relea ase.
Forward- -Looking St tatements: C Certain statements in this press release are e forward-looking statemen nts within the e meaning o of applicable e securities l laws. Forwa ard-looking s statements in n this press rel lease include e that the Tim mantti Proje ect transactio on is a pre-e eminent oppo ortunity.