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GSTR.CN ·

Glenstar Minerals Adopts Semi-Annual Reporting

Corporate Updates

1140-625 Howe Street, Vancouver, British Columbia V6Z 1C2, Canada

GLENSTAR MINERALS INC.

FOR IMMEDIATE RELEASE

GLENSTAR MINERALS ADOPTS SEMI-ANNUAL REPORTING

VANCOUVER, BC, CANADA: May 7, 2026 – Glenstar Minerals Inc. (CSE: GSTR, OTCQB: GSTRF, FRA: VO20)

(“Glenstar” or the "Company") announces that the Company is adopting semi-annual financial reporting in place

of quarterly reporting, effective for the nine-month period ending March 31, 2026 (the “Q3”). This news release is

being filed pursuant to Coordinated Blanket Order 51 – 933 - Exemptions to Permit Semi-Annual Reporting for

Certain Venture Issuers (the “Exemption”).

The Exemption permits certain venture issuers to report financial statements semi-annually instead of quarterly.

The Company meets the conditions of the Exemption and will no longer file an interim financial report and related

management discussion and analysis (“MD&A”) for the Q3 and future three and nine-month interim periods of its

financial years. The Company will continue to file audited annual financial statements and related MD&A and six-

month financial reports and related MD&A.

The Company will continue to report all material changes and significant developments as required under National

Instrument 51-102 – Continuous Disclosure Obligations and under all applicable securities laws and regulations.

About Glenstar Minerals Inc.

Glenstar is a mineral exploration company with a focus on polymetallic minerals. These elements are classified as

critical minerals and are essential in the manufacturing of sophisticated electronics and other vital energy

technologies. The Company ’s mission is to leverage it s knowledge and connections to explore, acquire , and

develop critical mineral and energy metal properties throughout the world.

Glenstar’s shares trade on the Canadian Securities Exchange (CSE) under the symbol " GSTR", on the Frankfurt

Stock Exchange under the symbol " VO20", and on the Over -the-Counter market (OTCQB) in the United States

under the symbol “GSTRF”.

ON BEHALF OF THE BOARD

“David Ryan”

President & CEO

Further information regarding the Company can be found on SEDAR + at www.sedarplus.ca, by visiting the

Company's website at www.glenstar.ca or by contacting the Company directly at 604-449-2810.

The Canadian Securities Exchange and its Regulation Services Provider (as that term is defined in policies

of the Canadian Securities Exchange) have not reviewed this news release and do not accept

responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release includes certain statements and information that may contain forward-looking information within

the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of

historical facts, are forward-looking statements and contain forward-looking information.

Generally, forward -looking information can be identified by the use of forward -looking terminology such as

"intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or

1140-625 Howe Street, Vancouver, British Columbia V6Z 1C2, Canada

results "may", "could", "should", "would" or "occur". Forward -looking statements are based on the opinions and

estimates of management as of the date such statements are made and they are subject to known and unknown

risks, uncertainties and other factors that may cause the actual results, level of activity, performance or

achievements of the Company to be materially different from those expressed or implied by such forward -looking

statements or forward -looking information, including the risks normally asso ciated with mineral exploration.

Although management of the Company has attempted to identify important factors that could cause actual results

to differ materially from those contained in forward -looking statements or forward -looking information, there ma y

be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that

such statements will prove to be accurate, as actual results and future events could differ materially from those

anticipated in such stat ements. Accordingly, readers should not place undue reliance on forward -looking

statements and forward -looking information. The Company does not undertake to update any forward -looking

statements or forward -looking information that are incorporated by refe rence herein, except in accordance with

applicable securities laws.