Goldstar Minerals Inc.

TSX VENTURE : GDM


Goldstar Minerals Inc.

February 21, 2014 16:29 ET

Goldstar Minerals Announces Change of Auditor

MONTREAL, QUÉBEC--(Marketwired - Feb. 21, 2014) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES

Goldstar Minerals Inc. ("Goldstar" or "the Company") (TSX VENTURE:GDM) announces a change of Auditor.

On February 19, 2014 at the request of the Company and its Audit Committee, McGovern, Hurley, Cunningham, LLP resigned as auditor of Goldstar Minerals and the Board of Directors of the Company appointed KPMG S.E.N.C.R.L as its new auditor effective February 19, 2014 until the close of the Company's next annual meeting.

There were no reservations in the McGovern, Hurley, Cunningham, LLP (former Auditor) reports for Goldstar's two most recently-completed fiscal years or for any period subsequent to the most recently-completed period for which an audit report was issued and preceding the date of the former Auditor's resignation. There were no reportable events between the Company and McGovern, Hurley, Cunningham, LLP, the former Auditor.

The Goldstar's Audit Committee and Board of Directors have approved the resignation of the McGovern, Hurley, Cunningham, LLP. Pursuant to National Instrument 51-102 Continuous Disclosure Obligations, the Notice of Change of Auditor, together with the letter from the Former Auditor and the letter from the KPMG S.E.N.C.R.L., the Successor Auditor, have been reviewed by the Company's Audit Committee and Board of Directors and will be filed on SEDAR accordingly.

Safe Harbour

This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

About Goldstar Minerals Inc.

Goldstar Minerals Inc. is a mineral exploration and development stage company listed on the TSX Venture Exchange under the symbol GDM. Currently, its exploration and development projects are located in Quebec.

On behalf of the Board of Directors of GOLDSTAR MINERALS INC.

Benoit Moreau, President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

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