Mr. Geoff Balderson reports

SHOOTING STAR ANNOUNCES A RESUMPTION OF TRADING

Shooting Star Acquisition Corp. has resumed trading.

On June 17, 2022, the company was halted from trading.

On Nov. 2, 2022, Golden Mountain Technologies Inc. (GMT) signed a non-binding letter of intent to acquire Shooting Star in a reverse merger transaction. On Dec. 29, 2022, GMT cancelled the transaction.

On Nov. 10, 2022, the company announced that further to its news release dated June 23, 2022, it has terminated the option agreement between Eagle Plains Resources Ltd. and the company dated June 10, 2022, and will no longer be pursuing its option respecting the Eldridge gold property located in Saskatchewan.

The company confirms that no funds were advanced in relation to either the GMT transaction or the Eagle Plains option agreement, and the company has no residual liabilities or guarantees with respect to either the transaction or the option agreement.

The current board of directors and audit committee members are as follows:

• Geoff Balderson;
• Greg Smith (independent);
• Stephen Ross Gatensbury (independent).

About Shooting Star Acquisition Corp.

Shooting Star is a capital pool company created to identify and evaluate potential acquisitions of commercially viable businesses and assets that have the potential to generate profits and add shareholder value. Except as permitted under the TSX Venture Exchange's CPC policy and until the completion of the qualifying transaction, Shooting Star will not carry on business, other than the identification and evaluation of companies, businesses or assets with a view to completing a qualifying transaction.

We seek Safe Harbor.