North Arrow Minerals Grants Stock Options
Suite 960 – 789 West Pender Street, Vancouver, BC, Canada V6C 1H2
Tel: 604-668-8355
News Release
NORTH ARROW MINERALS GRANTS STOCK OPTIONS
June 1, 2023 Trading Symbol: TSXV: NAR #23-08
North Arrow Minerals Inc. (TSXV-NAR) (“ North Arrow ” or “ the Company ” ) i s a n n o u n c e s t h a t , p u r s u a n t t o N o r t h
Arrow's Stock Option Plan, the Company has granted a total of 8 ,625,000 incentive stock options to Officers, Employees,
Directors and Advisors of the Company. The stock options are ex ercisable to acquire one common share of North Arrow at
$0.08 per share and can be exercised until June 1, 2028.
About North Arrow Minerals
North Arrow is a Canadian based exploration company focused on the identification and evaluation of lithium and other
exploration opportunities in Canada. North Arrow’s management, board of directors and advisors have significant successful
experience in the global exploration and mining industry. North Arrow is preparing to evaluate spodumene pegmatites at the
newly acquired 100% owned DeStaffany Lithium Project located on Great Slave Lake in the NWT and is also exploring for
spodumene mineralization in Nunavut at the Bathurst Inlet pegma tite field and on Baffin Island. North Arrow also owns
interests in the Naujaat (NU), P ikoo (SK), Mel (NU), Loki (NWT) and LDG JV (NWT) Diamond Projects and maintains a
100% interest in the Hope Bay Oro Gold Project (NU), located approximately 3 km north of Agnico Eagle’s Doris Gold Mine.
North Arrow Minerals Inc.
/s/ “Kenneth A. Armstrong”
Kenneth Armstrong
President and CEO
For further information, please contact:
Ken Armstrong
Tel: 604-668-8355 or 604-668-8354
Website: www.northarrowminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility
for the adequacy or accuracy of this release.
This news release contains "forward-looki ng statements" including but not limited to stat ements with respect to North Arrow’s p lans, the estimation of a
mineral resource and the success of exploration activities. Forwar d-looking statements, while based on management's best estimates and assumptions, are
subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements,
including but not limited to: risks related to the successful inte gration of acquisitions; risks related to general economic an d market conditions; closing of
financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or
grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims a nd limitations on insurance
coverage and other risks of the mining indu stry; changes in national and local government regulation of mining operations, tax rules and regulations.
Although North Arrow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will
prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking stat ements. North Arrow undertakes no obligation or responsibility to update forward-lo oking statements, except
as required by law.