ROX.V · 2018-09-04 12:00:00

Canstar Resources Announces Grant of Stock Options

Share Capital & Compensation

TORONTO, Sept. 04, 2018 -- CANSTAR RESOURCES INC. (TSXV: ROX) (OTCQB:CSRNF) (“Canstar” or the “Company”)

announces that a total of 1,300,000 options to purchase common shares of the Company are being granted to an officer and a

consultant at an exercise price of $0.30 per share, expiring on September 4, 2023. The grant is subject to regulatory approval

and vesting requirements.

On behalf of the Board,

Christos Doulis,

President & CEO

About Canstar Resources

Canstar Resources is a Canadian mineral exploration and development company, with the objective to discover and develop

economic mineral deposits in North America. Currently, Canstar's focus is to advance its flagship Mary March project and

other mineral exploration properties in Newfoundland and Labrador. Canstar is based in Toronto, Canada and is listed on the

Toronto Venture Exchange and trades under the symbol: ROX-V and on the OTCQB Exchange under the symbol CSRNF.

For further information, please contact:

Christos Doulis,

President & CEO

Tel: 647-557-3442

Karen Willoughby,

Director Corporate Communications,

TF: 1-866-936-6766

www.canstarresources.com

Forward-looking Statement

Neither 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. This News Release includes certain “forward-

looking statements”. These statements are based on information currently available to the Company and the Company

provides no assurance that actual results will meet management’s expectations. Forward-looking statements include

estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the

Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such

terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking

statements are based on assumptions and address future events and conditions, by their very nature they involve inherent

risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation

and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ

materially from those currently anticipated in such statements for many reasons such as: changes in general economic

conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative,

environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties

encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is

not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should

be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The

Company does not undertake to update any forward-looking statement that may be made from time to time by the Company

or on its behalf, except in accordance with applicable securities laws.