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Arctic Hunter Rece Ives Its Formal Approval from the Me Xican Foreign Investment Registrar FOR Rebeico GOLD from the Se Cretary of the Economy Situated IN Mexico City, Mexico ____________________________________________________________________________________

Corporate Updates

ARCTIC HUNTER ENERGY INC.

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

Telephone: (604) 681-3131

NEWS RELEASE

February 13TH, 2018 TSX-V Trading Symbol: AHU

______________________________________________________________________________________

ARCTIC HUNTER RECE IVES ITS FORMAL APPROVAL FROM THE ME XICAN FOREIGN

INVESTMENT REGISTRAR FOR REBEICO GOLD FROM THE SE CRETARY OF THE

ECONOMY 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

Foreign Investment Registrar in Mexico City. This is the second approval received by the Company, and

compliments its recently received approval for Rebeic o Gold, with the Public Mining Registrar. The

Company has paid the initial sum of USD $2 50,000 and has successfully 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 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 this 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 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

2

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 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 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 S onora, Mexico, and has been grante d the option to ear n 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 ri ght to receive gold & silver pr oduction proceeds 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.

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.