NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES
For immediate release
MONTRÉAL, Nov. 17, 2022 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (“Goldstar” or the
“Corporation”) (TSX-V: GDM) is pleased to announce that it has entered into a Purchase and Sale
Agreement (the “Agreement”), effective October 27, 2022, with Jean Bernard (the “Owner”) with respect to a property (the “Property”), consisting of 2 claims and covering an area of approximately 120 hectares (1.2 km2).
The Property is located in the Montérégie region of southern Québec. The Agreement provides for the acquisition of an undivided interest of 100% in the Property by paying the Owner $25,000 plus applicable taxes and issuing 500,000 common shares of the Corporation. Upon commercial production, Goldstar will issue an additional 1,000,000 common shares of the Corporation.
Closing is subject to regulatory approval.
For further information, please contact:
David Crevier
Chairman
Phone : 514-284-3663
dcrevier@goldstarminerals.com
Francois Perron
Chairman
Phone : 416-312-4811
fperron@goldstarminerals.com
Neither 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. This news release may contain forward-looking statements. These statements are based
on current expectations and assumptions that are subject to risks and uncertainties. Actual results
could differ materially because of factors discussed in the management
discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
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