Western Star Resources Increases Non-Brokered Private Placement for Aggregate Proceeds of CAD $3,000,000

Core Viewpoint - Western Star Resources Inc. is increasing its non-brokered Private Placement to raise up to $3,000,000 by offering 20,000,000 units at a price of $0.15 per unit, reflecting strong interest in tungsten and critical minerals as strategic resources in North America [1][4]. Group 1: Private Placement Details - The Private Placement will consist of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.30 for 24 months [2]. - The net proceeds from the Private Placement will be used to define high-priority drill targets at the Western Star Project, facilitate the company's move into Nevada, and for general working capital and market awareness [3]. Group 2: Company Strategy and Operations - The company aims to enhance shareholder value through the development of exploration properties and seeks partnerships via joint ventures or sales with industry leaders [6]. - Western Star currently holds nine non-surveyed contiguous mineral claims totaling 4,740 hectares in British Columbia, located approximately 50 kilometers southeast of Revelstoke [6]. Group 3: Management Insights - The President and CEO, Blake Morgan, expressed satisfaction with the financing interest, emphasizing the importance of tungsten and critical minerals for defense, infrastructure, and advanced technologies [4]. - The company has also granted 150,000 stock options to a consultant, exercisable at $0.27 per share for three years [4].