Blue star announces second tranche issuance of shares pursuant to loan agreement

Vancouver, british columbia--(newsfile corp. - october 25, 2024) - blue star gold corp. (tsxv: bau) (otcqb: bauff) (fse: 5wp0) ("blue star" or the "company") announces that, further to its news release of october 25, 2023, it has issued 98,451 common shares (the "shares") at a deemed price of $0.45 per share which represents the second tranche of shares owing pursuant to a renewal agreement (the "agreement") entered into with dr. georg pollert, a director of the company and a controlling shareholder, in relation with a loan in the principal amount of $2,537,434 (the "loan"), being $2,435,542 as original principal and $101,892.40 as accrued interest. the loan has a term of three years and bears interest at 3% per annum.
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