Blue Star Announces $3M Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that, subject to the approval of the TSX Venture Exchange (the "Exchange"), it intends to complete a non-brokered private placement to raise proceeds of up to $3,000,000 through the issuance of up to 12,500,000 units (each, a "Unit") at a price of $0.24 per Unit (the "Private Placement"). Each Unit consists of one common share of the Company (each a "Share") and one-half of one common share purchase warrant of the Company (each whole warrant, a "Warrant").