Groundstar Resources Limited
TSX VENTURE : GSA

Groundstar Resources Limited

September 14, 2005 19:20 ET

Groundstar Resources Ltd. Announces New Member of the Board of Directors

CALGARY, ALBERTA--(CCNMatthews - Sept. 14, 2005) - Kam Fard, President and Chief Executive Officer of Groundstar Resources Ltd. (TSX VENTURE:GSA) is pleased to announce the appointment of J.W. (Jack) Halpin, F.C.A. to the Board of Directors of the Company, filling the vacancy left by Charles Gryba who resigned from the Board of Directors of the Company on August 31, 2005.

Mr. Halpin, who is a native of Turner Valley, Alberta, qualified as a Chartered Accountant in 1962 and has been engaged in private practice since that time. He is currently an associate of the firm of Meyers Norris Penny. Over the years he has been engaged in all aspects of accounting including audit, financial, tax and special services. Mr. Halpin was named a Fellow of the Institute of Chartered Accountants in 1996.

Mr. Halpin has extensive corporate board experience. Presently, he is a member of the Advisory Board of Walton International Group Inc. Since 1999 he has served as a board member of ATB Financial, a Provincial Crown Corporation and financial institution that administers $18 billion in assets. He sits on the Risk Management and Audit committees of ATB Financial, and has recently been named Chairman of the Governance Committee.

He has also been heavily involved in public service. In the health field he has served as a member of several boards, including the Calgary General Hospital Board of which he was Chairman for several years. Currently, he is a member and vice chairman of the Alberta Automobile Insurance and Rate Board.

Groundstar Resources Ltd. is a publicly traded Canadian based junior oil and gas company actively pursuing international exploration and production opportunities, particularly in Guyana, Libya, and Central Asia.


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