Blue Star Gold closes $800,000 private placement at $0.20/share

• Blue Star Gold closed a non-brokered private placement raising gross proceeds of $800,000.
• Issued 4,000,000 common shares at $0.2 per share; proceeds earmarked for general working capital.
• Completed debt settlements issuing 638,993 shares at $0.2 to extinguish $127,798.66 of debt.
• Director and controlling shareholder Dr. Georg Pollert took 4,000,000 placement shares, 388,993 settlement shares.
• Shares carry a four-month-plus-one-day hold; transaction still awaits final TSX Venture Exchange approval.

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