North Arrow Closes Shares for Loan Transaction

North Arrow Closes Shares for Loan Transaction 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/01/13 -- North
Arrow Minerals Inc. (TSX VENTURE:NAR) ("North Arrow" or the
"Company") announces it has closed the debt settlement between the
Company and Anglo Celtic Exploration Ltd. announced in North Arrow
news release #12-06 dated October 25, 2012. Under the debt
settlement, North Arrow and Anglo Celtic have settled an outstanding
debt in the amount of $1 million plus unpaid interest accrued thereon
by the issuance and delivery of 21,639,100 shares of the Company to
Anglo Celtic. The shares were issued at a price of $0.05 per share.
Anglo Celtic is a private company controlled by D. Grenville Thomas,
who is President, CEO and a director of North Arrow. 
North Arrow Minerals Inc. 
Kenneth Armstrong, Director 
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release. 
North Arrow Minerals Inc.
Ken Armstrong
604-668-8366 (FAX)
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