Canstar Resources, Inc. announced the retirement of Harry J. Hodge as Chairman and Director and the subsequent appointment of Dennis H. Peterson as the new Chairman of Canstar's Board of Directors. Mr. Hodge retired as Chairman of Canstar's Board of Directors and Mr. Peterson was immediately appointed to replace him. Mr. Hodge will continue on as a valued advisor to the Company.

Mr. Peterson has 20 years of experience as a corporate securities lawyer specializing in corporate finance matters for small cap companies, and has served as a director with a number of public companies, including Probe Mines Limited. Dennis is a securities lawyer and the principal of Peterson Law Professional Corporation.