Subject: Blue Star Gold Corp. - Early Warning News Release - for immediate dissemination
Word Document
File: '\\swfile\EmailIn\20260904 081724 Attachment BAU Early Warning News Release - Georg Pollert - 2026-09-04.doc'
DR. GEORG JOSEF POLLERT
FEDERAL REPUBLIC OF GERMANY
September 4, 2026
FOR IMMEDIATE RELEASE
DR. GEORG JOSEF POLLERT ANNOUNCES AN INCREASE IN HIS
OWNERSHIP OF THE COMMON SHARES OF BLUE STAR GOLD CORP.
Dr. Georg Josef Pollert (the "Acquiror"), a director of Blue Star Gold Corp. (the "Company") announces that on September 3, 2026, the Acquiror acquired ownership of (i) 388,993 common shares (each a "Share") at $0.20 per Share pursuant to a debt settlement to settle an aggregate of $77,798.66 owing pursuant to past director fees (the "Debt Settlement"), and (ii) 4,000,000 Shares at $0.20 per Share, for proceeds of $800,000, pursuant to the closing a non-brokered private placement (the "Private Placement") carried out by the Company.
Prior to the acquisition of Shares pursuant to the Debt Settlement and Private Placement, the Acquiror and Gabrielle Pollert together held 119,743,246 Shares, 550,000 stock options (the "Options") and 4,166,667 common share purchase warrants (the "Warrants") and the Acquiror's non-diluted shareholdings represented approximately 64.71% of the Company's issued and outstanding Shares.
As a result of the acquisition of Shares pursuant to the Debt Settlement and Private Placement, the Acquiror and Gabriele Pollert now together hold a total of 124,132,239 Shares, 550,000 Options and 4,166,667 Warrants and the Acquiror's and Gabriele Pollert's combined non-diluted shareholdings now represent approximately 65.45% of the Company's issued and outstanding Shares. Thus, on a partially diluted basis (i.e., assuming full exercise of all Warrants and Options), the Acquiror and Gabriele Pollert would together hold a total of 128,848,906 Shares, representing approximately 66.28% of the Company's issued and outstanding Shares.
To obtain a copy of the early warning report filed by the Acquiror, please contact the Acquiror at 011.49.172.946.1380 or refer to the Company's SEDAR+ profile at www.sedarplus.ca.
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