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KGS.V ·

Astorius Closes $1,000,000 Non-Brokered Private Placement

Financings

Vancouver, B.C. (November 7, 2017) Astorius Resources Ltd. (TSX-V:ASQ) (“Astorius” or the “Company”) is pleased to announce that it has closed a private placement for a total gross proceeds of $1,000,000. The Company issued a total of 16,666,665 units at a price of $0.06 per unit. Each unit contains one (1) common share and one (1) transferrable share purchase warrant. Each warrant will be exercisable at a price of $0.10 for 12 months from the date of issuance.

Finder’s Fees of $1,878.40 cash and 31,307 warrants will be payable to Haywood Securities Inc., $20,584 cash and 343,067 warrants will be payable to Mackie Research Capital Corp., $12,000.01 cash and 200,000 warrants will be payable to Echelon Wealth Partners and $2,448 cash and 40,800 warrants will be payable to PI Financial Corp.

The Company received TSX Venture Exchange Approval on November 7, 2017. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation.

Proceeds from the offering will be used for general working capital, corporate purposes and exploration expenditures.

For further information, please contact:

Astorius Resources Ltd.

Sandy MacDougall Chairman Phone: 778-999-2159

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 release. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.