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BAU.V ·

Blue Star Announces Completion of Non- Brokered Private Placement

Financings

Blue Star Announces Completion of Non-

Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) -

Blue Star Gold Corp. (TSXV: BAU)

(OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company")

announces that, further to its news

release of August 12, 2025, wherein the Company announced that it has raised aggregate gross

proceeds of $1,739,999.90 through the issuance of 1,600,000 flow-through units (each, a "

FT Unit

") at

$0.15 per FT Unit and 10,714,285 units (each, a "

Unit

") at a price of $0.14 per Unit (together, the

"

Private Placement

"), it has completed its Private Placement and no further tranches will be completed.

About Blue Star Gold Corp.

Blue Star is a mineral exploration and development company focused in Nunavut, Canada. Blue Star's

landholdings total 300 square kilometres of highly prospective and underexplored mineral properties in

the High Lake Greenstone Belt. The Company owns the Ulu Gold Project, comprised of the Ulu Mining

Lease and Hood River Property, and the Roma Project. A significant high-grade gold resource exists at

the Flood Zone deposit (Ulu Mining Lease), and numerous high-potential exploration targets (gold and

critical minerals) occur throughout the Company's extensive landholdings, providing Blue Star with

excellent resource growth potential. The site of the future deep-water port at Grays Bay is 40 - 100 km to

the north of the properties, and the proposed route corridor for the all-weather Grays Bay Road passes

close by the Roma and Ulu Gold Projects.

Blue Star is listed on the TSX Venture Exchange under the symbol: BAU, the U.S. OTCQB Venture

Market under the symbol: BAUFF, and on the Frankfurt Exchange under the symbol: 5WP0.

For

information on the Company and its projects, please visit our website:

www.bluestargold.ca

.

For further information, please contact:

Grant Ewing, P. Geo., CEO

Telephone: +1 778-379-1433

Email:

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

Policies of the TSX-Venture Exchange) accepts responsibility for the adequacy or accuracy of this

Release.

The securities referred to in this news release have not been, nor will they be, registered under

the United States Securities Act of 1933, as amended, and may not be offered or sold within the

United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an

applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation

for offers to buy any securities. Any public offering of securities in the United States must be

made by means of a prospectus containing detailed information about the company and

management, as well as financial statements.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.

NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES

DESCRIBED HEREIN

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/263813