Mr. Lowell Kamin reports

LODESTAR METALS ANNOUNCES PRIVATE PLACEMENT OFFERING OF $1,500,000

Lodestar Metals Corp. has arranged a non-brokered private placement financing of 7.5 million units of the company at a price of 20 cents per unit for gross proceeds of $1.5-million.

Each unit under the offering will consist of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of 30 cents per share for a period of 18 months from the date of issue.

The company has engaged Integrity Capital Group Inc. to act as a finder in connection with the offering. Integrity may pay a finder's fee to Integrity, being a cash commission of up to 8.0 per cent and 8 per cent in finders' warrants except for investors identified by the company in which case the fee will be 3.0-per-cent cash and 3-per-cent finders warrants. Each finder's warrant will be exercisable at 20 cents per share for a period of 18 months from the date of issue.

All securities issued under the offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance.

The proceeds of the offering will be used for exploration and drilling activities on the Gold Run property as well as working capital purposes.

The offering is subject to the acceptance of the TSX Venture Exchange.

About Lodestar Metals Corp.

Lodestar Metals is a Canadian gold exploration company focused on advancing the drill-ready Goldrun project in Nevada, strategically located on a major Carlin-style gold trend and adjacent to some of the largest gold deposits in North America. With decades of combined geological and capital markets expertise, Lodestar follows a disciplined, step-by-step approach to discovery. The company's strategy is clear: focus capital on high-value targets, move quickly on known mineralization and build a compliant gold resource that delivers lasting shareholder value.

We seek Safe Harbor.