Mr. Lowell Kamin reports

LODESTAR METALS PROVIDES CORPORATE UPDATE

Lodestar Metals Corp.'s common shares have been approved for trading on the OTCQB Market. Also, the company has completed its maiden drill program at the Gold Run project, with assay results currently being analyzed.

Drill program update

Lodestar has now successfully completed its maiden drill program at Gold Run, comprising 18 reverse-circulation holes for a total of 2,820 metres. The program tested four key prospects identified through favourable IP geophysics and surface geochemistry anomalies, supported by significant historical drilling along strike. Assay results will be released once received and reviewed, with findings expected to inform follow-up drilling and broader exploration planning at the project.

Qualified Person

Leo Horn, a qualified person as defined by NI 43-101, and a director to the company, has reviewed and approved the scientific and technical information contained in this news release. Mr. Horn is not independent as he is a director of the company.

OTCQB Market approval

The company is pleased to announce that it has received approval for its common shares to commence trading on the OTCQB Market effective Monday, June 8, 2026. The company believes that trading on the OTCQB will broaden Lodestar's exposure to U.S. investors, improve access to the company's shares and support its ongoing capital markets initiatives.

Board update

The company announces that Randene Seeman will be stepping off the board of directors. Lodestar thanks Ms. Seeman for her contributions to the company and wishes her continued success in her future endeavours.

About Lodestar Metals Corp.

Lodestar Metals is a Canadian gold exploration company focused on advancing the drill-ready Gold Run project in Nevada, strategically located on a major Carlin-style gold trend and adjacent to some of the largest gold deposits in North America.

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