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KGS.V ·

Astorius Announces $30,000 Debt Settlement

Share Capital & Compensation

TSX Venture Exchange: ASQ.V

Frankfurt: 47 A.F

FOR IMMEDIATE RELEASE

ASTORIUS ANNOUNCES $30,000 DEBT SETTLEMENT

Vancouver, B ritish Columbia – January 29th, 201 8 – Astorius Resources Ltd . (TSX -Venture: ASQ

and Frankfurt: 47A.F) ( “Astorius” or the “Company”) announces that it has entered into a

settlement agreement with a creditor, pursuant to which the Company intends to settle $ 30,000 of

debt with the issuance of 200,000 common shares of the Company at a deemed price of $0. 15 per

common share.

With this settlement of debt, the Company will preserve its current cash position allotted for various

exploration expenditures on their Properties in Nevada, Ecuador and Argentina, as well as for general

working capital purposes. The comple tion of the shares -for-debt settlement is subject to the receipt of

approval from the TSX Venture Exchange. The common shares issued pursuant to the shares -for-debt

settlement will be subject to a statutory hold period of four months plus a day.

About Astorius

Astorius Resources Ltd. ( www.astoriusresources.com) is currently engaged in the business of mineral

exploration for the purpose of acquiring and advancing mineral properties located in North and South

America.

For further information please contact:

Arthur Brown, President & Director (604) 662-7902

[email protected]

www.astoriusresources.com

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

Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," Statements in this press release which are not purely historical are forward-

looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but

not limited to, statements regarding the drilling on the Rainbow Canyon Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include,

among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on

acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-

looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking

statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although

we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no

assurance that such beliefs, plans, expectations or intentions will prove to be accurate.