Vanstar Mining Resources Ltd. (the "Company") (TSX VENTURE:VSR) announces that
it has entered into an agreement to satisfy outstanding indebtedness of $13,000
by the issuance of 100,000 common shares at a deemed price of $0.13 per share.
The indebtedness consists of a portion of the consideration payable pursuant to
the termination of the exploration and option agreement with Murgor Resources
Inc. on August 23, 2012.


The issuance of the shares is subject to the approval of the TSX Venture Exchange. 

This news release includes certain "forward-looking statements". All statements
other than statements of historical fact included in this release, including,
without limitation, statements regarding potential mineralization, resources and
reserves, exploration results, and future plans and objectives of Vanstar, are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Vanstar's expectations are exploration risks detailed herein and
from time to time in the filings made by Vanstar with securities regulators.
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