The TSX-V Stock Exchange has neither approved nor disapproved the contents of this news release. Coltstar Ventures Inc.

Suite 1680, 200 Burrard Street Vancouver, BC Canada V6C 3L6

COLTSTAR VENTURES INC. APPOINTS NEW PRESIDENTAND CEO

March 14, 2012 TSX-V Symbol: CTR

Mr. Arndt Roehlig reports:

Vancouver, BC: Coltstar Ventures Inc. (the “Company”) announces the appointment of Arndt Roehlig as President and Chief Executive Officer effective immediately. The executive management of the Company now consists of Mr. Roehlig as President and CEO and Mr. Garry Stock as CFO.

The Company’s Board of Directors consists of Arndt Roehlig, Garry Stock, Stephen Burega, Fiore Aliperti, Michael Sikich and Jon Lever.

On behalf of the Board of Directors:

/s/ “Arndt Roehlig”

Chief Executive Officer, President and Director

For further information please contact:

Arndt Roehlig Telephone: (604) 569-1236

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