Mr. Richard Pearce reports

SOUTH STAR BATTERY METALS RETAINS MARKET - MAKING SERVICES

Subject to regulatory approval, South Star Battery Metals Corp. has retained the services of Venture Liquidity Providers Inc. (VLP) to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the company.

The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws on a continuing basis. For its services, the corporation has agreed to pay VLP $5,000 per month for a period of one year. The agreement with VLP may be terminated at any time by the company or VLP. The company and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the company or its securities. The finances and the common shares required for the market-making services are provided by W.D. Latimer. The fees paid by the company to VLP are for market-making services only.

About South Star Battery Metals Corp.

South Star Battery Metals is a Canadian battery metal project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz graphite project, located in southern Bahia, Brazil, is the first of a series of industrial and battery metal projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot plant testing (greater than 30 tonnes) has been completed. The results of the testing show that approximately 65 per cent of Cg (graphitic carbon) concentrate is plus-80 mesh with good recoveries of 95 per cent to 99 per cent Cg. With excellent infrastructure and logistics, South Star is fully financed for phase 1, and the 12-month construction and commissioning are under way. Santa Cruz will be the first new graphite production in the Americas since 1996, with phase 1 commercial production projected in Q4 2023. Phase 2 production (25,000 tonnes per year) is partially financed and planned for 2026 while phase 3 (50,000 tonnes per year) is scheduled for 2028.

South Star's second project in the development pipeline is strategically located in Alabama in the centre of a developing electric vehicle, aerospace and defence hub in the southeastern United States. The BamaStar project is a historic mine active during the First and Second World Wars. A National Instrument 43-101 technical report with the maiden resource estimate has been filed on SEDAR. Trenching, phase 1 drilling, sampling, analysis and preliminary metallurgical testing have been completed. The testing indicates a traditional crush/grind/flotation concentration circuit that achieved grades of approximately 94 per cent to 97 per cent Cg with approximately 86-per-cent recoveries. South Star is executing on its plan to create a multiasset, diversified battery metals company with near-term operations in strategic jurisdictions. South Star trades on the TSX Venture Exchange under the symbol STS and on the OTCQB under the symbol STSBF.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG (environmental, social and governance) principles based on transparency, stakeholder engagement, continuing education and stewardship.

This news release has been reviewed and approved by Richard Pearce, PE, a qualified person under National Instrument 43-101 and the president and chief executive officer of South Star Battery Metals.

We seek Safe Harbor.