Mr. Juan Giron reports

CANSTAR ANNOUNCES AGSM RESULTS, ADDS FORTUNE 500 EXECUTIVE TO BOARD OF DIRECTORS

All the resolutions considered at Canstar Resources Inc.'s annual general and special meeting held on April 15, 2025, were approved by the company's shareholders.

At the meeting, the company's shareholders approved the following resolutions:

• Fixing the number of directors comprising the company's board of directors for the ensuing year at five;
• Electing James Clare, Jacqueline Allison, Neil Burns, J. Paul Austin III and Nyla Beth Gawel as directors of the company to hold office until the close of the next annual general meeting of shareholders or until their successors are elected or appointed;
• Reappointing MNP LLP, chartered professional accountants, as the auditor of the company for the ensuring year and authorizing the board to fix the remuneration of the auditor;
• Approving certain amendments to the company's fixed stock option plan to increase the maximum number of common shares reserved for issuance as options from 11,025,366 to 14,884,138;
• Approving a special resolution to repeal any existing bylaws of the company and confirming new bylaw No. 1.

The resolutions voted on at the meeting are described in more detail in the company's management information circular, dated March 3, 2025, available on the company's SEDAR+ profile.

Ms. Gawel brings Fortune 500 expertise

Canstar is pleased to welcome Ms. Gawel as a newly elected director to the Board. Ms. Gawel brings over 20 years of experience in strategic planning and execution across both the corporate and U.S. public sectors. She is the founder of NBG Strategy Consulting LLC, where she advises start-ups and Fortune-ranked companies on strategic management, market expansion and operational effectiveness.

Ms. Gawel has held senior leadership positions at several Fortune 500 companies, including Booz Allen Hamilton as vice-president, SAIC as senior vice-president of corporate strategy and Verizon as director of public-sector strategy. Her expertise spans corporate strategy, mergers and acquisitions, investor relations, and growth in highly regulated industries, including telecommunications, aerospace and defence.

She also serves on several non-profit boards, including the Children's National Hospital Founders Auxiliary Board, the Red Cross of Northern Virginia (vice-president) and National Presbyterian Church (elder). Ms. Gawel holds a BS in foreign service from Georgetown University and executive certificates from Yale and Duke. She lives in Bethesda, Md., with her family and their rescue dogs.

Robert Bruggeman transitions to advisory board

As part of a planned transition, Mr. Bruggeman did not stand for re-election to the company's board. The company is pleased to announce that Mr. Bruggeman has joined the company's advisory board, where his industry knowledge, insights and expertise will continue to inform strategy and execution. Canstar sincerely thanks Mr. Bruggeman for his dedicated service and many contributions to the company over the years, both as a former chief executive officer and as a director. The company deeply appreciates his commitment and leadership during his tenure and looks forward to his continued involvement in an advisory capacity.

About Canstar Resources Inc.

Canstar Resources is an exploration company focused on critical minerals and gold. The company's 100-per-cent-owned Golden Baie project (501 square kilometres) hosts high-grade gold and antimony showings along a major mineralized structure that also hosts a large number of gold deposits. The Buchans and Mary March projects (120.5 square kilometres) are located within the world-class, past-producing VMS (volcanogenic massive sulphide) zinc-, copper- and silver-rich Buchans mining camp and boast high-grade zinc and copper discoveries.

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