Madoro Metals Corp.

Megastar Development Corp. an early stage mineral exploration company focused on its recently optioned properties in Oaxaca, Mexico, is pleased to announce that it has closed on a financing in the amount of $672,600 by way of non-brokered private placement. Under the terms of the placement, Megastar has issued 11,210,000 units at a price of $0.06 per unit. Each unit is comprised of one common share of the Company and one [...]

Vancouver, BC - Megastar Development Corp. is pleased to announce that further to signing the three option agreements to acquire a 100% undivided interest in the Rama de Oro, Magdalena and Yautepec projects , located in the state of Oaxaca, Mexico , the Company has proceeded with the closing of these transactions with the owner of the Projects, Minera Zalamera S.A. de C.V. . As such, as contemplated by the Option [...]

Megastar Development is pleased to announce that further to signing a Definitive Option Agreement to acquire 100% undivided interest in the Rama de Oro project, located in the state of Oaxaca, the Company also signed two additional option agreements with the same groups pursuant to which Minera Zalamera has granted the Company the sole and exclusive option to acquire all of its rights, titles and interest in the Yautepec [...]

Megastar Developmentis pleased to announce that it has signed a Definitive Option Agreement with Paradex and Minera Zalamera to acquire 100% undivided interest in certain mineral concessions known as the Rama de Oro project located in the state of Oaxaca. "We are very excited to have concluded on this agreement," said Dusan Berka, CEO of Megastar Development. "The project has been on our radar for some time and brings [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/07/13 -- Megastar Development Corporation ("Megastar", the "Company" or "MDV") (TSX VENTURE: MDV)(FRANKFURT: M5Q) announces that the TSX Venture Exchange has agreed to extend the terms of the following warrants:

1. Original Expiry - July 20, 2013. The expiry date has been amended to add two additional years from July 20, 2013 to July 20, 2015. All other terms remain [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/02/13 -- Megastar Development Corporation (TSX VENTURE: MDV)(FRANKFURT: M5Q) ("Megastar", the "Company" or "MDV") announces that it is making an application to the TSX Venture Exchange to extend the terms of certain warrants previously issued. The private placements, which these warrants relate to, closed on July 20, 2011 and June 1, 2012, respectively. These warrants [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/29/13 -- Megastar Development Corporation (TSX VENTURE: MDV)(FRANKFURT: M5Q) ("Megastar", the "Company" or "MDV") announces that it has granted incentive stock options to directors and officers under its stock option plan for the purchase of 600,000 common shares of the company for a period of three years at a price of 10 cents per share.

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/04/12 -- Megastar Development Corporation ("Megastar", the "Company" or "MDV") (TSX VENTURE: MDV)(FRANKFURT: M5Q) wishes to announce that at its annual general meeting held on November 29, 2012 the shareholders re-elected Dusan Berka and Chris Staargaard as directors of the Company for the upcoming year. Two new directors, Paul A. Smith of Bristol, UK and Jonathan M [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/05/12 -- Megastar Development Corporation ("Megastar", the "Company" or "MDV") (TSX VENTURE: MDV)(FRANKFURT: M5Q) is pleased to announce that further to its news release dated March 21, 2012, has closed its non-brokered private placement financing and issued 11,000,000 units at a price of 10 cents per unit for gross proceeds of $1,100,000. Each unit consists of one [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/21/12 -- Megastar Development Corporation ("Megastar", the "Company" or "MDV") (TSX VENTURE: MDV)(FRANKFURT: M5Q) is pleased to announce that it has arranged a financing of up to $1,100,000 by way of a non-brokered private placement offering (the "Offering").