Polar Star Announces Management Change

/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, April 12, 2013 /CNW/ - Polar Star Mining Corporation ("Polar Star" or the Company") (TSX:PSR) announces that Adam Rochacewich has advised the Company that he intends to pursue other interests, and as a result, is resigning as Chief Financial Officer and Corporate Secretary of the Company effective April 30, 2013.  After April 30, 2013 he has agreed to make himself available in a consulting role to assist with transitional matters.

Colin Bird, Chief Executive Officer of Polar Star commented, "We have been aware for some time that Adam has been offered alternate business opportunities.  Although we are all disappointed to see him leave Polar Star, Adam has afforded us plenty of time to arrange alternatives, and we wish him the best of luck in his future endeavours".

About Polar Star

Polar Star Mining Corporation ("PSR") is a TSX listed exploration and development company with a focus on building shareholder value in Chile. The Company's strategy is to use cash flow from its Chépica mine (primarily gold) to fund, in part, the exploration programs at its flagship Montezuma property and to advance its large portfolio of other world class projects in Chile through joint ventures.

Share Capitalization 

Shares outstanding: 166,001,001 as at April 12, 2013.

SOURCE: Polar Star Mining Corporation