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ELE.TO ·

Eagle Star Minerals Corp. Continues with Financing

Financings

July 15, 2011, Vancouver, British Columbia: Eagle Star Minerals Corp., (TSXv: EGE) (OTC PINK: ELGSF) (FSE: E6R) (“Eagle star” or "the Company") Further to its news release of June 16, 2011 the Company advises that due to market conditions it has revised the unit pricing on the non-brokered financing each unit is priced at $0.22 per unit and it consists of one share and half share purchase warrant exercisable at a price of $0.32 per share for a period of two (2) years. Finder’s Fees will be payable on some of the proceeds of the private placement.

About the Company

Eagle Star Minerals Corp. is a Natural Resource company headquartered in Vancouver, British Columbia, focused on the acquisition, exploration and development of mineral properties in North and South America. The Company’s shares are publicly traded on the TSX.v under the symbol EGE, on the OTC Pink Sheets under the symbol: ELGSF and on Frankfurt Stock Exchange under the symbol E6R.

For more information contact: Balraj Mann, CFO

Phone: 1-604-601-2018 Email: [email protected]

On behalf of the Board of Directors

EAGLE STAR MINERALS CORP.

“Eran Friedlander”

Eran Friedlander, President

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company’s control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

Suite 600 – 666 Burrard Street, Vancouver, B.C., Canada, V6C 2X8 Tel. 604-601-2018 Fax. 604-688-1320 | www.eaglestarminerals.com

TSXv: EGE