Mr. Lowell Kamin reports

LODESTAR METALS ANNOUNCES RE-PRICING AND EXTENSION OF STOCK OPTIONS

Lodestar Metals Corp.'s board of directors has approved a proposed downward repricing and extension of 3,985,000 stock options. Under the proposed amendment, which is subject to TSX Venture Exchange acceptance and disinterested shareholder approval:

1. Two hundred fifty thousand stock options will be amended by decreasing the exercise price from 20 cents to 5.5 cents, and the expiry date will be extended from Dec. 23, 2027, to Nov. 4, 2031.
2. Two hundred thousand stock options will be amended by decreasing the exercise price from 10 cents to 5.5 cents, and the expiry date will be extended from June 28, 2029, to Nov. 4, 2031.
3. Two hundred thousand stock options will be amended by decreasing the exercise price from 10 cents to 5.5 cents, and the expiry date will be extended from July 26, 2029, to Nov. 4, 2031.
4. Four hundred thousand stock options will be amended by decreasing the exercise price from 10 cents to 5.5 cents, and the expiry date will be extended from June 26, 2030, to Nov. 4, 2031.
5. One hundred twenty-five thousand stock options will be amended by decreasing the exercise price from 10 cents to 5.5 cents, and the expiry date will be extended from Sept. 8, 2030, to Nov. 4, 2031.
6. Six hundred seventy-five thousand stock options will be amended by decreasing the exercise price from 10 cents to 5.5 cents, and the expiry date will be extended from Sept. 29, 2030, to Nov. 4, 2031.
7. One million three hundred thousand stock options will be amended by decreasing the exercise price from 15 cents to 5.5 cents, and the expiry date will be extended from Jan. 9, 2031, to Nov. 4, 2031.
8. Six hundred eighty-five thousand stock options will be amended by decreasing the exercise price from 20 cents to 5.5 cents, and the expiry date will be extended from Feb. 19, 2031, to Nov. 4, 2031.
9. One hundred fifty thousand stock options will be amended by decreasing the exercise price from 11 cents to 5.5 cents, and the expiry date will be extended from April 10, 2031, to Nov. 4, 2031.

A total of 3,175,000 stock options are held by insiders of the company. As such, the proposed amendments are subject to acceptance by the TSX Venture Exchange and disinterested shareholder approval, which the company intends to seek at its annual general meeting of the shareholders to be held on Dec. 2, 2026.

About Lodestar Metals Corp.

Lodestar is a Canadian gold and silver exploration company focused on advancing the Goldrun project in Nevada, strategically located on a major Carlin-style gold trend and adjacent to some of the largest gold deposits in North America. With decades of combined geological and capital market expertise, Lodestar follows a disciplined, step-by-step approach to discovery. The company's strategy is clear: focus capital on high-value targets, move quickly on known mineralization and build a compliant gold resource that delivers lasting shareholder value.

We seek Safe Harbor.