Western Star Resources Corp. announced that it has entered into an agreement to acquire the Toad River Copper-Cobalt property located in the Peace River North area of British Columbia. The Property is located 56km south of Muncho Lake (Alaska Highway) and 16km west of the historically producing Churchill Copper Mine.

Property highlights: Assays of 15.60 % and 14.80% Copper; Measured 730 meters of known strike length;. Copper Mineralization Chalcopyrite Bornite; and. possible Erythrite (a Hydrous cobalt arsenate).

The Property hosts approximately 730 meters in length of dissentious vein type copper mineralization, in the form of Chalcopyrite, Bornite, and Pyrite within the Proterozoic rocks of the Aida formation. Pursuant to the Agreement, the Company will acquire the Property indirectly through an acquisition of all the issued and outstanding shares of Lish Ventures Inc. ("Lish Ventures"), the company that holds 100% of the beneficial interest in the two mineral titles comprising the Property. In exchange for its acquisition of Lish Ventures, the Company will issue an aggregate of 5,000,000 common shares in the capital of the Company (each, a "Common Share") to the current shareholders of Lish Ventures and grant a 1% NSR royalty in respect of commercial production from the Property.

Option Issuance. The Company has granted an aggregate of 1,100,000 stock options (the " Options") to certain directors, officers and consultants of the Company. Each Option confers the right to purchase one (1) Common Share at an exercise price of $0.085 per Common Share until August 1, 2025.

All Options are fully vested immediately upon grant. Of the Options granted, 650,000 Options were granted to directors or officers of the Company. The Company relied on section 5.5(a) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") as the exemption from the formal valuation requirements of MI 61-101 and section 5.7(1)(a) of MI 61-101 as the exemption from the minority approval requirements of MI 61-101 in respect of the Options grant to the directors and officers of the Company, as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Options granted to the directors and officers of The Company exceeded 25% of the Company's market capitalization.

The Company did not file a material change report at least 21 days prior to the grant of Options to ensure the Company was able to grant the Options in an expedient manner.