Arctic Hunter Announces $250,000 Non-Brokered Private Placement
ARCTIC HUNTER ENERGY INC.
Suite 1610 - 675 West Hastings Street · Vancouver · British Columbia · V6B 1N2
Telephone: (604) 681-3131
NEWS RELEASE
January 8, 2018 TSX-V Trading Symbol: AHU
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ARCTIC HUNTER ANNOUNCES $250,000 NON-BROKERED PRIVATE PLACEMENT
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VANCOUVER, B.C. – Arct ic Hunter Energy Inc. (TSX-V: AHU) (“ Arctic Hunter ” or the
“Company”) announces a non-brokered private placement financing of 2,500,000 units (the “Units”) at
a price of CDN $0.10 per Unit to raise gross pro ceeds of up to CDN $250,000 (the “Offering”). Each
Unit will consist of one (1) comm on share and one (1) common share purchase warrant, each warrant
exercisable at a price of $0.15 per share for a period of two (2) years from the date of issuance. The
private placement is subject to approval from the TS X Venture Exchange and all of the securities issued
pursuant to the private placement will be subject to a four month hold pe riod from the date of issue in
accordance with applicable securities laws.
The Company has agreed to pay a finders’ fee to arm’s length parties for services rendered in respect of
the Offering. The finder’s fee will consist of a cash fee equal to 8% of the gross proceeds of the Offering
and finder’s warrants equal in number to 8% of the units sold under the Offering. Each finder’s warrant
will entitle the holder to acquire one common share of the Company at a price of $0.15 per share for a
period of two (2) years from the date of issuance.
The Company intends to use the proceeds of the Offe ring for any costs associated with the completion
of the San Javier Mill flotation plant, acquisition of associated assets, metallurgical testing, final
completion of corporate registration at the Foreign Investment Registrar, fi nal registration of the
Company before the Mining Director ate in Mexico City, and any outst anding legal, accounting costs
and general working capital.
In addition to other prospectus exemptions commonl y relied on in private placements, the Offering will
be available to existing shareholde rs of the Company who, as of the close of business on January 5,
2018, held common shares of the Company (and who c ontinue to hold such common shares as of the
closing date), pursuant to the prospectus exemption set out in BC Instrument 45-534 - Exemption From
Prospectus Requirement for Certain Trades to Existing Security Holders and in similar instruments in
other jurisdictions in Canada (the “ Existing Shareholder Exemption ”). The Existing Shareholder
Exemption limits a shareholder to a maximum inve stment of CAD$15,000 in a 12-month period unless
the shareholder has obtained advice regarding the suitabi lity of the investment and, if the shareholder is
resident in a jurisdiction of Canada , that advice has been obtained from a person that is registered as an
investment dealer in the jurisdiction. If the Comp any receives subscriptions from investors relying on
the Existing Shareholder Exemption exceeding the maximum Offering, the Company may adjust the
subscriptions received on a pro-rata basis.
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The Company will also make the Offering available to certain subscribers pursuant to BC Instrument
45-536 - Exemption From Prospectus Requirement for Certain Distributions Through an Investment
Dealer (the “Investment Dealer Exemption ”). In accordance with the re quirements of the Investment
Dealer Exemption, the Company confir ms that there is no material f act or material change about the
Company that has not been generally disclosed.
THE SAN JAVIER MILL - SONORA STATE, MEXICO
The Company has paid the sum of USD $250,000 and has successfully acquired a 30% interest in Real
de Rebeico Gold S.A. de C.V. (“Rebeico Gold”), wh ich owns an interest in a State owned 100 ton per
day flotation mill situated near the city of Herm osillo in Sonora State, Mexico. The formal option
agreement with Rebeico Gold of Sonora, Mexico allo ws Arctic Hunter to earn the initial 30 % interest
for USD $250,000 (earned and vested), and an additiona l 20% interest (for up to a 50% interest) in
Rebeico Gold for an additional USD $250,000. Rebeico Go ld holds the right to operate the strategically
located San Javier Mill and the right to receive its pro-rata production proceeds derived therefrom
pursuant to an assignment agreement between Rebeico and Exlporacion y Desarollo del Desierto, S.A de
C.V. (“EDDSA”) dated April 24, 2017. EDDSA holds the operating rights and the right to receive all
proceeds from the San Javier Mill, and the right to conduct ancillary activities on the project site
pursuant to a 10 year lease agreement between EDDSA and the state of Sonora, Mexico, dated February
24, 2015. The San Javier Mill Project site is located w ithin the heart of the prol ific Sierra Madre Gold
belt and mining district of northern Mexico and is easily accessed by paved highwa y from the City of
Hermosillo, Mexico. The San Javier Mill is a former working and operational State owned flotation mill
that is surrounded by a region that has had widespread historical mining, dating back from colonial
times through to the 21 st century. The Mill formerly serviced many of the working gold, copper and
silver mineral concessions and mines located in this mining region in the past.
ABOUT ARCTIC HUNTER – OIL AND GAS PRODUCTION & MINING PRODUCTION
The Company is a Canadian Oil & Gas exploration and mining resource development Company that is
now focused in developing its’ production capabil ities, obtaining potential fu ture production revenues,
discovering and advancing high grad e gold, silver and copper deposits and mining concessions situated
within this large mining district in Sonora, Mexico. The Company has now successfully acquired a 30%
interest in Rebeico Gold of Sonora, Mexico, and has been granted the option to earn up to a 50% interest
in Rebeico Gold. Rebeico Gold holds the right to operate the San Javier Mill, strategically located in the
Sierra Madre Gold Belt, and the right to receive production proceeds derived therefrom pursuant to an
assignment agreement dated April 24, 2017 between Rebeico Gold and Exploracion y Desarollo del
Desierto, S.A. de C.V (“EDDSA”). The Company is now strategically positioned, to identify and
capture all potential milling and direct-ship mining opportunities situated in the region. The Company
identifies, acquires and finances th e acquisition, exploration and development of mining and oil and gas
assets primarily situated in Western Canada, the Un ited States and Mexico. The Company is continually
reviewing future mining production and exploration opportunities, by identifyi ng low risk exploration
through selective acquisitions and development of mi ning, petroleum and natural gas resource assets
situated in these favorable resource jurisdictions.
The Company has qualified management and has Oil & Gas and Mining teams of professionals seasoned
in production, field exploration and drilling. The Company has the necessary manpower in place to
develop its natural resource properties and manage its production properties. The Company is committed
to minimizing risk through the selective acquisition, exploration and development of petroleum and
natural gas resource and mining assets.
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FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the
Policies of the TSX Ventur e Exchange) accepts respon sibility for the adequacy or accuracy of this
release.