Eagle Star Minerals Corp.

Eagle Star Minerals Corp.

October 25, 2010 15:46 ET

Eagle Star Minerals Engages Progressive IR Consultants Corp. as IR Provider

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2010) - Eagle Star Minerals Corp. (TSX VENTURE:EGE)(FRANKFURT:E6R) ("Eagle Star" or the "Company"). Further to its news release dated September 1, 2010 Eagle Star is pleased to announce that it has retained Progressive IR Consultants Corp. ("Progressive") as its investor relations and corporate communications service provider. Progressive is a Vancouver, BC, Canada based company owned by Kris Kottmeier, an investor relations professional with over 13 years of experience providing investor relations services for junior public companies.

Effective today Progressive has been retained for a period of one year and will be responsible for building Eagle Star's investment audience through the dissemination of corporate data packages, broker presentations, broker communications, mining analyst communications, attending trade shows and handling shareholder enquiries regarding the Company.

Progressive will receive $7,500 (plus HST) per month in remuneration and be reimbursed for all approved expenses. The Company will grant Progressive stock options to acquire 200,000 shares in the capital of the Company at an exercise price of $0.15. The options are granted pursuant to the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange, which require that options granted to a consultant providing investor relations services must vest in stages over 12 months with no more than one quarter of the options vesting in any three month period. The agreement and grant of options is subject to TSX Venture Exchange approval.


Eran Friedlander, President

This press release contains certain forward looking statements which involve known and unknown, risks delays and uncertainties not under the Company's control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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