Bleecker Street has acquired North American distribution rights and select international territories on Joe Penna’s Arctic. The director’s feature-film debut stars Mads Mikkelsen and had its world premiere last night in an Official Selection Midnight berth here at the Cannes Film Festival.

The title follows a man (Mikkelsen) stranded in the Arctic, who is finally about to receive his long-awaited rescue. However, after a tragic accident, his opportunity is lost and he must then decide whether to remain in the relative safety of his camp or embark on a deadly trek through the unknown for potential salvation.

The script was written by Penna and Ryan Morrison, who also edited the film. Maria Thelma Smáradóttir (Prisoners) also stars.

Producers are Chris Lemole and Tim Zajaros of Armory Films, who also financed, and Noah C Haeussner of Union Entertainment Group. Martha De Laurentiis, Manu Gargi and Einar Thorsteinsson are executive producers.

The deal was negotiated between Kent Sanderson and Avy Eschenasy on behalf of Bleecker Street with CAA Media Finance and UTA for U.S. rights, with XYZ handling international sales on behalf of the filmmakers.