GDM Goldstar Minerals Inc

Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) announces that it has cancelled 10,150,000 stock options granted at $0.02 to directors, officers, and service providers previously announced on October 30, 2020.

For further information, please contact:

David CrevierChairmanTelephone: 514-284-3663dcrevier@goldstarminerals.com

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.