Astorius Completes Private Placement Financing

ASTORIUS RESOURCES LTD.

Suite 2300, 1066 West Hastings Street, Vancouver, BC V6E 3X2 Tel: (604) 618-1758 Fax: (604) 277-0815

November 29, 2012 Symbol “ASQ”: TSX Venture Exchange

ASTORIUS COMPLETES PRIVATE PLACEMENT FINANCING

Astorius Resources Ltd. ("Astorius") has closed a private placement sale of 450,000 Units for $0.08 per Unit and has received the proceeds of $36,000. Each Unit consists of one share of the Company and one-half of a share purchase warrant. Each full warrant will entitle the holder to purchase a further share of the Company for $0.12 during the 18 month period expiring May 26, 2014.

The shares which have been issued as part of the Units, and any shares which are issued pursuant to the exercise of warrants, will be subject to a non-trading holding period which will expire March 25, 2013.

The Company’s proposal to do the placement which has been closed was announced by it in a Release dated November 23, 2012.

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations – Tel: 604.618.1758 e-mail: [email protected] Fax: 604.277.0815 website: www.astoriusresources.com

ASTORIUS RESOURCES LTD.

T.J. Malcolm Powell President

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.

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