Redstar Gold Corp.
TSX VENTURE : RGC

Redstar Gold Corp.

May 04, 2007 12:57 ET

Redstar Gold Corp.: News Release

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 4, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES

Redstar Gold Corp. (the "Company") (TSX VENTURE:RGC) announces it has granted director and employee incentive stock options to purchase 1,100,000 shares at a price of $0.25 for a period of five years.

The foregoing is subject to regulatory acceptance.

On Behalf of the Board, Redstar Gold Corp.

Scott Weekes, President

This news release, required by applicable Canadian laws, is not for distribution to U.S. news wire services or for dissemination in the United States, and does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. The foregoing arrangements are subject to regulatory acceptance.

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