Mr. Jeremy Ford reports

PINESTAR GOLD INC. ADOPTS ADVANCE NOTICE POLICY FOR DIRECTOR NOMINATIONS

Pinestar Gold Inc.'s board of directors has approved the adoption of an advance notice policy, for the purpose of providing shareholders, directors and management of the company with a clear framework for nominating directors. The policy is meant to: facilitate an orderly and efficient process for annual general meetings or, where the need arises, special meetings of shareholders; ensure all shareholders receive adequate notice of the director nominations and sufficient information with respect to all nominees; and allow shareholders to register an informed vote with respect to director nominations, having been afforded reasonable time for appropriate deliberation.

The policy contains a provision that requires advance notice to the company in circumstances where nominations of persons for election to the board of directors are made by shareholders of the company. The policy fixes deadlines by which holders of record of common shares of the company must submit director nominations to the company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the company for an effective nomination to occur. No person will be eligible for election as a director of the company unless nominated in accordance with the provisions of the policy. The deadline for notice to the company in the case of an annual meeting of shareholders is not less than 55 days prior to the date of the annual meeting of shareholders, provided, however, that in the event that the annual meeting of shareholders is to be held on a date that is less than 65 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting (which is not also an annual meeting) of shareholders called for the purpose of electing directors (whether or not called for any other purposes), the deadline for notice to the company is no later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

At the next annual or special meeting of shareholders of the company, the shareholders of the company will be asked to ratify, confirm and approve the adoption of the policy. The board has determined that the policy is effective, and in full force as of the date of its adoption, but the policy, by its own terms, will terminate if not approved by the shareholders of the company at the next annual or special meeting of the company. The full text of the policy is available via SEDAR under the company's issuer profile at SEDAR or upon request by contacting the company at 604-647-4487.