Arctic Star Exploration Corp. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.15 per unit, for gross proceeds of CAD 600,000 on September 10, 2021. Each flow-through unit will be comprised of one common share of the company and one-half of one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one non-flow-through common share of the company at a price of CAD 0.20 for a period of 18 months following the closing date. All securities will be subject to a four-month hold period from the closing date. The transaction is subject to TSX Venture Exchange approval.