Mr. Marc Branson reports

DARK STAR ANNOUNCES CLOSING OF NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

Further to its news release of July 28, 2026, Dark Star Minerals Inc. has closed its non-brokered private placement, pursuant to which it has issued 4.5 million flow-through units in the capital of the company at a price of 7.5 cents per unit for aggregate gross proceeds of $337,500.

Each unit will consist of one critical flow-through common share of the company and one share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the company at an exercise price of 10 cents per warrant share for a period of three years from the date of closing of the offering.

The gross proceeds from the issuance of the units will be used to incur resource exploration expenses, which will constitute Canadian exploration expenses as defined in Subsection 66.1(6) of the Income Tax Act (Canada) and flow-through critical mineral mining expenditures as defined in Subsection 127(9) of the tax act and will be renounced with an effective date no later than Dec. 31, 2026, to the purchasers of the units in an aggregate amount not less than the gross proceeds raised from the issue of the units.

There were no finders' fees paid in connection with the offering.

All securities issued in connection with the offering are subject to a statutory hold period expiring four months and one day after closing of the offering.

About Dark Star Minerals Inc.

Dark Star Minerals is a mineral exploration company focused on the strategic acquisition and advancement of uranium and critical mineral resources. The company holds an option to acquire a 100-per-cent interest in the Ghost Lake claims, located in the prolific Central mineral belt of Newfoundland and Labrador, comprising 28,575 hectares of contiguous claim blocks, and owns the Bleasdell project, spanning over 515 hectares in Northern Saskatchewan, Canada.

We seek Safe Harbor.