Dr. Georg Pollert, a shareholder, reports

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

On Sept. 3, 2026, Dr. Georg Josef Pollert (the acquiror), a director of Blue Star Gold Corp., acquired ownership of (i) 388,993 common shares at 20 cents per share pursuant to a debt settlement to settle an aggregate of $77,798.66 owing pursuant to past director fees, and (ii) four million shares at 20 cents per share, for proceeds of $800,000, pursuant to the closing a non-brokered private placement carried out by the company.

Prior to the acquisition of shares pursuant to the debt settlement and private placement, the acquiror, and Gabrielle Pollert together held 119,743,246 shares, 550,000 stock options and 4,166,667 common share purchase warrants, and the acquiror's non-diluted shareholdings represented approximately 64.71 per cent of the company's issued and outstanding shares.

As a result of the acquisition of shares pursuant to the debt settlement and private placement, the acquiror, and Gabriele Pollert now together hold a total of 124,132,239 shares, 550,000 options and 4,166,667 warrants, and the acquiror's and Gabriele Pollert's combined non-diluted shareholdings now represent approximately 65.45 per cent of the company's issued and outstanding shares. Thus, on a partially diluted basis (that is, assuming full exercise of all warrants and options), the acquiror and Gabriele Pollert would together hold a total of 128,848,906 shares, representing approximately 66.28 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.