9 November 2020
Blue Star Gold Corp. announces that Georg Pollert has transferred a $2,200,000 convertible debenture (the "Debenture") to Robert Pollert. Pursuant to the transfer, Robert Pollert is now a reporting insider of the Company and on exercise of the Debenture will become an insider or a "Control Person" of the Company, as that term is defined in the policies of the TSX Venture Exchange (the "Exchange"). The Company has received the written consent of disinterested shareholders holding more than 50% of the Company's issued and outstanding shares to the transfer of the Debenture and any exercise that would result in Robert Pollert becoming a Control Person of the Company. The original issuance of the Debenture was approved by the Exchange pursuant to a private placement submission and is disclosed in an Exchange bulletin dated November 22, 2019.