Astorius Announces $0.06 Non-Brokered Private Placement

Astorius Announces $0.06 Non-Brokered Private Placement

Vancouver, B.C. ( October 31 , 2017) Astorius Resources Ltd. (TSX-V:ASQ)

(“Astorius” or the “Company”) is pleased to announce that it intends to proceed with

a private placement to raise up to $1,000,000 by selling units at a price of $0.06 per

unit. Each unit sold at $0.06 will contain one (1) common share and one (1)

transferrable share purchase warrant. Each warrant will be exercisable at a price of

$0.10 for 12 months from the date of closing.

Closing of the offering is subject to a number of conditions, including receipt of all

necessary corporate and regulatory approvals, including approval of the TSX Venture

Exchange. All securities issued in connection with the offering will be subject to a

statutory hold period of four months plus a day from the date of issuance, in

accordance with applicable securities legislation.

For further information, please contact:

Astorius Resources Ltd.

Sandy MacDougall

Chairman

Phone: 778-999-2159

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements included in this announcement,

including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be ,

and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including

“anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that

forward‐looking statements, including without limitation those relating to the Company’s future operations and business

prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those ind icated

in the forward‐looking statements.