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Goldstar Announces New Director and Stock Option Grant

V.GMI

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES

MONTRÉAL, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Goldstar Minerals Inc. (“ Goldstar ” or the “ Corporation ”) (TSX-V: GDM) is pleased to announce the appointment of Danielle Giovenazzo to its Board of Directors.

Dr. Giovenazzo is currently the Vice President Exploration of Benz Mining Corp. and has nearly 30 years of domestic and international mining exploration experience.

She is a Professional Geologist (P. Geo) and is the President of the “Ordre des Geologues du Quebec”, and acts as a competent person as defined by NI-43-101. Dr. Giovenazzo also serves as an Independent Director on the Board of Directors of SOQUEM, which is a leading government institution in Quebec’s Exploration and Mining Industry.

Stock Option Grant

Goldstar has granted 10,150,000 options to directors, officers and service providers exercisable at $0.02. These options vest immediately and have a five-year term.

For further information, please contact:

David Crevier
Chairman
Telephone: 514-284-3663
dcrevier@ 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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