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Shooting Star resumes trading on TSX-V

2024-04-05 17:16 ET - News Release

Subject: Shooting Star Acquisition Corp. Word Document

File: '\\swfile\EmailIn\20240405 140804 Attachment 2024-04-05 NR - Resumption of Trading.docx'

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SHOOTING STAR ACQUISITION CORP.

#1000, 409 Granville Street

Vancouver, BC V6C 1T2

SHOOTING STAR ANNOUNCES A RESUMPTION OF TRADING

Vancouver, British Columbia - April 5, 2024. Shooting Star Acquisition Corp. (TSXV: SSSS.P) ("Shooting Star" or the "Company") announces a resumption of trading.

June 17, 2022, the Company has been halted from trading.

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

November 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. ("Eagle Plains") and the Company dated June 10, 2022, and will no longer be pursuing it 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)

Company Overview

Shooting Star is a CPC 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 TSXV's CPC policy, 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.

For further information, please contact:

Geoff Balderson

Chief Executive Officer, Chief Financial Officer, and Secretary

Telephone: 604-602-0001

Email: gb@harmonycs.ca

ON BEHALF OF THE BOARD OF DIRECTORS

Geoff Balderson

President, CEO and Director

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the return of funds raised through the Offering to investors; completion of the Assignments; and the Company's goal to find a new transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Shooting Star disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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