Canstar Resources Inc.

Canstar Resources Inc. is pleased to announce that it has signed a binding property purchase agreement with Altius Resources, a wholly owned subsidiary of Altius Minerals Corp., to acquire a 100% interest in the Hermitage Property. The Hermitage Property is comprised of three map-staked licenses containing 607 claims covering 15,175 ha. The Hermitage Property Claims are contiguous with the Company's Golden Baie project [...]

Canstar Resources Inc. is pleased to announce that it has joined the Newfoundland.Gold marketing alliance of industry leaders. Newfoundland.Gold is a strategic marketing alliance comprised of gold exploration and mining companies focused on the advancement of the mineral sector in Canada's Newfoundland and Labrador province. Collectively these industry leaders are committed to bringing awareness to an exciting and [...]

Canstar Resources announces that a total of 3,250,000 options to purchase common shares of the Company are being granted to officers, directors, and employees at an exercise price of $0.28 per share, expiring on Dec 10, 2026. The grant is subject to regulatory approval and vesting requirements. Rob Bruggeman, President & CEO of Canstar, commented: "Canstar is funded for a significant exploration program on the Golden Baie [...]

Canstar Resources Inc. is pleased to announce that it has completed its previously announced non-brokered private placement, consisting of the sale of 14,412,471 flow-through units at a price of $0.315 per FT Unit and 1,724,138 premium flow-through units at a price of $0.39 per Premium FT Unit for aggregate gross proceeds of $ $5,212,342.19. Each FT Unit is composed of one common share of the Company issued on a [...]

Canstar Resources Inc. & , is pleased to announce that Jacqueline Allison has been elected as an independent director to the Canstar board of directors , subject to TSX Venture Exchange acceptance. In addition, the Company announces that shareholders of the Company approved the creation of 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, as a new Control Person of the Company. The Company received [...]

Canstar Resources Inc. & , is pleased to announce its intention to complete a non-brokered private placement financing for total gross proceeds of up to $6.0 million, consisting of up to 11,112,000 flow-through units of the Company at a price of $0.315 per FT Unit and up to 6,411,000 FT Units at a price of $0.39 per FT Unit . The Company reserves the right to increase the size of the Offering, subject to the approval of [...]

Canstar Resources Inc. & is pleased to announce partial assay results from extensive prospecting activities on its Golden Baie project in 2021. Highlights of this year's prospecting activity resulted in the delineation and/or expansion of multiple new target areas and include the discovery of up to 30.3 g/t Au in outcrop and of visible gold in quartz float returning 289 g/t Au from the new Skidder target, up to 63.7 g/t [...]

Canstar Resources Inc. is pleased to announce new assay results from six diamond drill holes from the 2021 drill program on the Golden Baie project in south Newfoundland. Drill holes reported are from the recently discovered Kendell prospect, located near the centre of the 62,175 hectare Golden Baie claim block. Assay results for an additional 22 drill holes, collared further to the NW and testing the down-dip extension [...]

Canstar Resources Inc. & announces that its board of directors approved the adoption of an advance notice by-law , establishing a framework for advance notice of nominations of directors by shareholders of the Company . Among other things, the Advance Notice By-law fixes certain deadlines by which Shareholders must submit a notice of director nominations to the Company prior to any annual or special meeting of [...]

Near-surface intercepts of 8.9 g/t Au over 4.0 m and 9.7 g/t Au over 3.8 m Toronto, October 20, 2021 - Canstar Resources Inc. & is pleased to announce assay results from six diamond drill holes completed as part of the recently completed 5,734 meter 2021 drill program on the Golden Baie project in south Newfoundland. Drill holes reported are from the recently discovered Kendell prospect, located near the centre of the [...]