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Arctic Hunter Announces the “New NAME” of the Fully Updated and Re- Furbished San Javier Facility, Facility to Be Re-Named as “the Cerro Verde GOLD & Silver Flotation Mill” ____________________________________________________________________________________

Metallurgy & Processing Corporate Actions

ARCTIC HUNTER ENERGY INC.

Suite 1610 - 675 West Hastings Street · Vancouver · British Columbia · V6B 1N2

Telephone: (604) 681-3131

NEWS RELEASE

February 6, 2018 TSX-V Trading Symbol: AHU

______________________________________________________________________________________

ARCTIC HUNTER ANNOUNCES THE “NEW NAME” OF THE FULLY UPDATED AND RE-

FURBISHED SAN JAVIER FACILITY, FACILITY TO BE RE-NAMED AS “THE CERRO VERDE

GOLD & SILVER FLOTATION MILL”

____________________________________________________________________________________

VANCOUVER, B.C. – Arct ic Hunter Energy Inc. (TSX-V: AHU) (“ Arctic Hunter ” or the

“Company”). Real de Rebeico Gold S.A. de C.V. (“Re beico Gold”) is pleased to announce that its

flotation mill, formally known as the Government Riel Viejo /San Javier Mill, has now been re-named

the Cerro Verde gold and silver Fl otation Mill by management. The newly named facility, which has

been fully upgraded and fully re-furbished, is situated in the heart of the San Javier mining district, and

is nearing its completion. The newly designated name accurately reflects the new beginning for the

flotation facility, at its newly renovated and upgraded location site, situated in the San Javier Mining

district. The name and term “Cerro Verde” is r ecognized locally as bei ng synonymous with this

location, situated in the mineral rich district. The Cerro Verde name is curre ntly recognized and easily

identifiable with the many local inhabitants and mi ning industry professionals working in the region.

The name change for the facility nearing its completion is effective immediately.

THE CERRO VERDE 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

pro-rata production proceeds derived therefrom pursu ant to an assignment agreement 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 al l proceeds from the Cerro Verde 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 Cerro Ve rde Flotation Mill and Project

site is located within the heart of the prolific Sie rra Madre Gold belt and mi ning 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 opera tional State owned flotation mill th at 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.

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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

[email protected]

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.