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BATT.CN ·

Dark Star Announces Closing of Second Tranche

Financings

DARK STAR ANNOUNCES CLOSING OF SECOND TRANCHE

VANCOUVER, BRITISH COLUMBIA, AUGUS T 1, 2025: DARK STAR MINERALS INC. (CSE:

BATT) (the “Company” or “Dark Star”) is pleased to announce that, further to its News Releases

of June 25, 2025 and July 16, 2025, it has completed a second tranche of its non-brokered private

placement (the “Offering”), pursuant to which it has issued 600,000 Units at a price of $0.05 per

Unit for aggregate gross proceeds of $30,000. The Company raised an aggregate of $340,000

under the Offering.

Each Unit consists of one common share (each, a “ Share”) and one-half of one common share

purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to

acquire one Share (each, a “Warrant Share”) at a price of $0.075 per Warrant Share for a period

of two years following closing.

Proceeds of the Offering will be used for exploration of the Company’s current properties and for

general working capital.

All securities issued in connection with the Offering are subject to a statutory hold period expiring

four months and one day from the date of issue. No finder’s fees were paid in connection with the

closing of this tranche.

None of the securities sold in connection with the Offering will be registered under the

United States Securities Act of 1933, as amended, and no such securities may be offered

or sold in the United States absent registration or an applicable exemption from the

registration requirements. This news release shall not constitute an offer to sell or the

solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction

in which such offer, solicitation or sale would be unlawful.

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About Dark Star Minerals Inc.

Dark Star Minerals Inc. is a mineral exploration company focused on the acquisition and

development of critical mineral resources, specifically the rare earth complex.

For further information please contact:

Marc Branson – President, Chief Executive Officer and Director

E-mail: [email protected]

Telephone: 604-816-2555

Forward-Looking Statements:

This news release includes certain “forward-l ooking statements” under applicable Canadian

securities legislation that are not historical facts. Forward-looking statements involve risks,

uncertainties, and other factors that could cause actual results, performance, prospects, and

opportunities to differ materially from those expressed or implied by such forward-looking

statements. Forward-looking statements in this news release include, but are not limited to,

statements with respect to the expectations of management regarding the use of proceeds of the

Offering. Although the Company believes that and the expectations reflected in the forward-

looking information are reasonable, there can be no assurance that such expectations will prove

to be correct. Such forward-looking statements are subject to risks and uncertainties that may

cause actual results, performance or developments to differ materially from those contained in

the statements including that: the proceeds of the Offering may not be used as stated in this news

release; and those additional risks set out in the Company’s public documents filed on SEDAR+

at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in

preparing the forward-looking statements are reasonable, undue reliance should not be placed

on these statements, which only apply as of the date of this news release, and no assurance can

be given that such events will occur in the disclosed time frames or at all. Except where required

by law, the Company disclaims any intention or obligation to update or revise any forward-looking

statement, whether as a result of new information, future events, or otherwise.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the

policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.