Dr. Georg Pollert reports

DR. GEORG JOSEF POLLERT ANNOUNCES AN INCREASE IN HIS OWNERSHIP OF THE COMMON SHARES OF BLUE STAR GOLD CORP.

Dr. Georg Josef Pollert, a director of Blue Star Gold Corp., on Aug. 6, 2026, acquired ownership of 5,357,143 common shares at 20 cents per share, pursuant to the exercise of common share purchase warrants for a total cash purchase price of $1,071,428.60.

Prior to the acquisition of shares pursuant to the exercise of the warrants, the acquiror and Gabrielle Pollert together held 114,386,103 shares, 550,000 stock options and 9,523,810 warrants, and the acquiror's non-diluted shareholdings represented approximately 61.82 per cent of the company's issued and outstanding shares.

As a result of the acquisition of shares pursuant to the exercise of the warrants, the acquiror and Ms. Pollert now together hold a total of 119,743,246 shares, 550,000 options and 4,166,667 warrants, and the acquiror and Ms. Pollert's combined non-diluted shareholdings now represent approximately 64.71 per cent of the company's issued and outstanding shares. Thus, on a partially diluted basis (assuming full exercise of all warrants and options), the acquiror and Ms. Pollert would together hold a total of 124,459,913 shares, representing approximately 65.59 per cent of the company's issued and outstanding shares.

To obtain a copy of the early warning report filed by the acquiror, please contact the acquiror at 011-49-172-946-1380 or refer to the company's SEDAR+ profile.