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KGS.V ·

Astorius Withdraws Private Placement

Financings

TSX Venture Exchange: ASQ.V

Frankfurt: 47 A.F

FOR IMMEDIATE RELEASE

ASTORIUS WITHDRAWS PRIVATE PLACEMENT

Vancouver, B.C. ( November 8, 201 9) Astorius Resources Ltd. (TSX -V:ASQ) (“Astorius” or the

“Company”) wishes to announce that it has withdrawn its private placement previously announced on

October 28, 2019. Subscribers will be refunded in full as applicable.

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) 685-7720

[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 obt aining 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 forwa rd-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.