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Arctic Star Announces Resignation of Director

Management Changes

TSX-V: ADD Frankfurt: 82A1 WKN: A2DFY5 March 10, 2023

Arctic Star Announces Resignation of Director

March 10, 2023 – Vancouver, British Columbia – Arctic Star Exploration Corp. (“Arctic Star” or the “Company”) announces that, effective February 28, 2023, Sean Charland has resigned as a director of the Company. The board of directors and management of the Company thank Mr.Charland for his service and dedication to the Company and its shareholders and wish Mr. Charland well in his future endeavours.

About Arctic Star

Arctic Star is predominantly a diamond explorer, recently discovering 5 new kimberlites in the prolific Lac De Gras kimberlite field that supports 2 multi-billion dollar kimberlite mining complexes. The Company also has a 958 Ha Exploration permit containing several diamond-bearing kimberlites on its Timantti project, Kuusamo Finland. The Company continues to look for appropriate diamond opportunities elsewhere.

The Diagras project is a joint venture between Arctic Star Exploration Corp. (currently 81.5%) and Margaret Lake Diamonds Inc. (currently 18.5%).

ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.

“Patrick Power”

Patrick Power, President & CEO +1 (604) 218-8772 [email protected]

This news release contains "forward-looking statements" including but not limited to statements with respect to Arctic Star’s plans. Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Arctic Star undertakes no obligation or responsibility to update forward- looking statements, except as required by law.

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.