Blue star announces closing of first tranche of non-brokered private placement

Vancouver, british columbia--(newsfile corp. - august 12, 2025) - blue star gold corp. (tsxv: bau) (otcqb: bauff) (fse: 5wp0) ("blue star" or the "company") announces that, further to its news release of july 11, 2025 and subject to the approval of the tsx venture exchange (the "exchange"), it has raised aggregate gross proceeds of $1,739,999.90 through the issuance of 1,600,000 flow-through units (each, a "ft unit") at $0.15 per ft unit and 10,714,285 units (each, a "unit") at a price of $0.14 per unit (together, the "private placement"). each ft unit is comprised of one common share of the company (each, a "share"), each of which qualifies as a "flow-through share" (within the meaning of subsection 66(15) of the income tax act (canada), and one-half of one common share purchase warrant of the company (each whole warrant, a "warrant").
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