Mr. Juan Carlos Giron reports

CANSTAR RESOURCES ANNOUNCES GRANT OF STOCK OPTIONS

Canstar Resources Inc. has granted a total of 3,344,000 options to purchase common shares of the company to officers, directors, consultants and employees of the company, in accordance with the company's stock option plan. The options were granted at an exercise price of 3.5 cents per share and expire on July 14, 2029. The options are subject to certain vesting provisions, as determined by the board of directors of the company and in accordance with the policies of the TSX Venture Exchange. Additionally, a former officer of the company has agreed to voluntarily cancel an aggregate of 1.15 million options with an exercise price of 28 cents per share.

About Canstar Resources Inc.

Canstar Resources is a mineral exploration company unlocking immense potential for gold and critical minerals in Newfoundland and Labrador. The company's 100-per-cent-owned Golden Baie project (548.75 square kilometres) hosts 93 kilometres of a structure similar to that which hosts New Found Gold's Queensway gold project. Canstar's Buchans-Mary March projects (65.75 square kilometres), which include a Glencore joint venture, are located within the world-class, past-producing, zinc-copper-silver-rich Buchans VMS (volcanogenic massive sulphide) mining camp and boast high-grade zinc and copper discoveries.

We seek Safe Harbor.