GDM Goldstar Minerals Inc

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Goldstar Minerals Inc. ("Goldstar" or "the Company") (TSX VENTURE:GDM) announces
that it has closed its brokered private placement financing with Industrial
Alliance Securities Inc. (the "Agent") consisting of 600,000 common shares (the
"Common Shares') at a price of $0.10 per share for aggregate proceeds of
$60,000. Each Common Share includes one full warrant entitling the holder to
subsequently acquire a Common Share at the price of $0.15, exercisable until
April 16, 2016. 


As consideration to the Agent, the Company has paid a cash commission of $5,100,
an amount equal to 8.5% of the gross proceeds raised in the private placement,
and has issued 30,000 compensation options entitling the Agent to acquire a
Common Share of the Company at a price of $0.10 until April 16, 2016. All
securities issued pursuant to the Private placement will be subject to a
statutory hold period which expires on August 17, 2014.


The Company will use the net proceeds of the private placement for general
corporate purposes. 


About Goldstar Minerals Inc.

Goldstar Minerals is focused on developing high-value tungsten and related
metals deposits in leading mining jurisdictions in Canada. Goldstar Minerals has
two properties located in Quebec - Julien and Brockaby -, and one in New
Brunswick - Lake George property -, all with year-round access. The Company is
led by a talented team with expertise and major company experience in resource
exploration and development and a clear understanding of the mining business.


On behalf of the Board of Directors of GOLDSTAR MINERALS INC. 

Benoit Moreau, Chief Executive Officer 

Neither 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.


This news release may contain forward-looking statements. These statements are
based on current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially because of factors
discussed in the management discussion and analysis section of our interim and
most recent annual financial statement or other reports and filings with the TSX
Venture Exchange and applicable Canadian securities regulations. We do not
assume any obligation to update any forward-looking statements, except as
required by applicable laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Goldstar Minerals Inc.
Benoit Moreau
514.591.8058
bmoreau@goldstarminerals.com

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