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Off-market insider buying at Blue Star Gold (V:BAU)

Updated Monday May 29, 2023 01:54 AM EDT

Georg Pollert, a Director and 10% Holder, acquired 1,250,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on May 25th, 2023. The insider also acquired 625,000 Warrants with at an exercise price of $0.50 for 24 months. This represents a $500,000 investment into the company's shares and an account share holdings change of 3.1%.

Blue Star Gold is in the Non-Gold Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Blue Star Gold Corp. is a Canada-based mineral exploration company, which focused on gold exploration and development within Nunavut, Canada. The Company owns the Ulu Gold Property lease, an advanced gold and silver project, and the highly prospective Hood River Property that is contiguous to the Ulu mining lease. The Company controls approximately 26,700 hectares (ha) of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt, Nunavut. The Company's projects include Hood River, Roma and Ulu. The Hood River property is contiguous to the Ulu lease to the north, east and south. The highly prospective property encompasses 11,200 ha. The Roma project encompasses 10,405 ha of mineral claims and totals 4,119 ha in the northern section of the High Lake Greenstone Belt. The Roma project covers approximately 30 kilometers of prospective/underexplored Belt. The Ulu property consists of a renewable 21-year mining lease and covers an area of approximately 947 ha. Blue Star Gold Corp. (BAU) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $500,000.

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