Star Uranium Corp.
TSX VENTURE : SUV

Star Uranium Corp.

January 17, 2007 16:56 ET

Star Uranium Announces Increase in Private Placement of Units at a Price of $0.65 Per Unit

SASKATOON, SASKATCHEWAN--(CCNMatthews - Jan. 17, 2007) - Rick Walker, President of Star Uranium Corp. (TSX VENTURE:SUV), announces that the Company's private placement of 2,000,000 non-flow through units announced on January 2, 2007 has been increased to 2,320,000 non-flow through units for total proceeds of $1,508,000.

The funds raised by way of the private placement will be used for exploration of the Company's uranium properties and for general working capital purposes.

For more information please visit our website at www.staruranium.com.

ON BEHALF OF THE BOARD

Rick Walker, President

The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or Accuracy of This News Release.

Contact Information