Mr. Richard Pearce reports

SOUTH STAR BATTERY METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

South Star Battery Metals Corp. intends to complete a non-brokered private placement of common shares at a price of 72 cents per share to raise up to $5-million. Management believes the private placement will be fully subscribed.

Closing of the private placement is subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. Proceeds from the private placement will be used for accelerating exploration, development, construction activities, corporate general and administrative and general working capital requirements.

The company may pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the TSX-V. The securities issued pursuant to the private placement will be subject to a four-month hold period. The company may, in its sole discretion, exercise an overallotment option pursuant to which it may increase the size of the private placement by up to 15 per cent.

About South Star Battery Metals Corp.

South Star Battery Metals is a Canadian battery metals 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 metals 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.

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

We seek Safe Harbor.