Arctic Hunter Announces That IT Has Received the Formal Approval of the Registration of Rebeico GOLD from the Commerce and Economy Secretariat Situated IN Mexico City, Mexico ____________________________________________________________________________________
ARCTIC HUNTER ENERGY INC.
Suite 1610 - 675 West Hastings Street · Vancouver · British Columbia · V6B 1N2
Telephone: (604) 681-3131
NEWS RELEASE
February 7, 2018 TSX-V Trading Symbol: AHU
______________________________________________________________________________________
ARCTIC HUNTER ANNOUNCES THAT IT HAS RECEIVED THE FORMAL APPROVAL OF
THE REGISTRATION OF REBEICO GOLD FROM THE COMMERCE AND ECONOMY
SECRETARIAT SITUATED IN MEXICO CITY, MEXICO
____________________________________________________________________________________
VANCOUVER, B.C. – Arct ic Hunter Energy Inc. (TSX-V: AHU) (“ Arctic Hunter ” or the
“Company”) announces that Real de Rebeico Gold S.A. de C.V. (“Rebeico Gold”), in which the
Company holds a 30% interest, has now received a nd been duly confirmed, as fully registered at the
Public Registry of Property and Commerce at the Ec onomy Secretariat located in Mexico City, Mexico.
The Company has paid the initia l sum of USD $250,000 and has successf ully acquired a 30% operating
interest in Real de Rebeico Gold S.A. de C.V., which now owns an interest in a State owned 100 ton per
day flotation mill situated near the city of Hermosillo, in Sonora State. Rebeico Gold holds the right to
operate the new fully updated and recently re-named Cerro Verde Flotation Mill, located in the San
Javier Mining District. The Company will have the right to receive its pro-rata production proceeds
derived therefrom pursuant to an assignment agreement between Re beico Gold and Exploracion y
Desarolla del Desierto, S.A. de C.V.(“EDDSA” ) dated April 24, 2017. EDDS A holds the operating
rights and the rights to receive al l gold, silver and copper proceeds from the nearly completed and fully
updated Cerro Verde Mill. EDDSA also holds the rights to conduct all ancillary activities on the project
site pursuant to a 10 year Lease agreement between EDDSA and the State of Sonora, Mexico.
The Company would like to announce the appointment of Mr. Gord Steblin, to the Board of Directors to
replace Mr. Ray Lee, who has resigned his position to pursue opportunities in the private sector. Mr.
Steblin currently acts as the CFO for the Compa ny. Arctic Hunter CEO, Tim Coupland commented:
“On behalf of the Board, management and sharehol ders of the Company, we would like to thank Mr.
Lee for his many years of dedicated service as advisor to the technica l team of the Company. We wish
Ray nothing but continued success in the oil & gas sector in Calgary, Alberta.
THE CERRO VERDE GOLD & SILVER FLOTATION 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 Cerro Verde Flotation Mill situated in the Sa n Javier mining district a nd the right to receive its
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pro-rata production proceeds derived therefrom pursu ant to an assignment ag reement between Rebeico
Gold 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 a ll proceeds from the Cerro Verde Gold & Silver Mill,
and the right to conduct ancillary ac tivities on the project s ite pursuant to a 10 year lease agreement
between EDDSA and the state of Sonora, Mexico, da ted February 24, 2015. The Cerro Verde Flotation
Mill and Project site is located within the heart of the prolific Sierra Madre Gold belt and mining district
of northern Mexico and is easily accessed by paved highway from the City of Hermosillo, Mexico. The
Cerro Verde Mill is a former working and operationa l State owned flotation mill that is surrounded by a
region that has had widespread hi storical mining, dating back from colonial times through to the 21 st
century. The Mill formerly serviced many of the wo rking 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 on developing its’ pr oduction capabilities, obt aining potential future 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, which holds a 30% interest, and has been granted the option
to earn up to 50% in Rebeico Gold. Rebeico Gold holds the right to operate the Cerro Verde Mill,
strategically located in the Sierra Madre Gold Belt, and the right to receive gold & silver production
proceeds pursuant to an assignment agreement dated April 24, 2017 between Rebeico Gold and
Exploracion y Desarollo del Desier to, S.A. de C.V (“EDDSA”). The Company is now strategically
positioned, to identify and capture all potential milling and direct-shi p mining opportunities situated in
the region. The Company identifies, acquires and fina nces the acquisition, exploration and development
of mining and oil and gas assets primarily situated in Western Canada, the United States and Mexico.
The Company is continually reviewing future mining production and expl oration opportunities, by
identifying low risk exploration through selective acquisitions and development of mining, 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.
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.