Vancouver, British Columbia--(Newsfile Corp. - January 16, 2019) - WPC Resources Inc. (TSXV: WPQ) ("WPC") is pleased to announce
that effective January 18, 2019, the Company will change its name to Blue Star Gold Corp. ("Blue Star" or the "Company"). The new
name of the Company was taken from the official flag of Nunavut. The flag's blue and gold colours are meant to symbolize the riches
of the land, sea and sky. The blue star on the flag is Niqirtsuituq, the North Star that is the historical navigation guide and is
symbolic of the leadership of the elders in the community.
The Company is undertaking its name change to reflect its other announced major changes to its Management team and to the Board
of Directors (see news releases dated October 4, 2018 and December 18, 2018, respectively). In addition, the new name should better
represent the Company's dedication and focus on Canada's north with its potential for significant, world-class gold and silver
deposits.
Blue Star will be listed on the TSX Venture Exchange with the trading symbol: BAU. There will be no change to the number of
shares issued and outstanding.
Stephen Wilkinson, CEO and President commented, "The Company under its new name, Blue Star, has a much clearer focus. Our Board
and Management team are fully committed to expansion of the measured and indicated resources of the Ulu property. At the same time,
we plan to explore and drill the several high-grade gold occurrences within both the Ulu property and the Hood River
Concessions."
About Blue Star Gold Corp.
Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development within
Nunavut, Canada. The Company through its subsidiary, Inukshuk Exploration Inc., will own the highly perspective 8,015 ha Hood River
gold property located contiguous to the Ulu mining lease. Blue Star will have a definitive agreement to acquire the Ulu, an
advanced gold and silver project. The Company website is under construction and will be available after trading of its shares
commences.
For further information, please contact:
Stephen Wilkinson, President and CEO
Telephone: +1 778-379-1433
Email: info@wpcresources.ca
Neither the 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.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION
This news release contains certain "forward-looking information" within the meaning of Canadian securities laws. Actual results
may differ materially from those indicated by such forward-looking information. All information included herein, other than
statements of historical fact, including the expected completion of the Placement and the timing thereof, and the expected use of
proceeds are forward-looking statements and involves various risks and uncertainties. There can be no assurance that the
forward-looking information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such information.