Vancouver, British Columbia, Canada – TheNewswire - Golden Star Capital Ventures Inc. (“Golden Star” or the “Company”), a capital pool company, announced today, subject to TSX Venture Exchange approval, that certain directors and officers have been issued an aggregate of ‎1,997,234‎ options pursuant to Golden Star’s option plan, with each such ‎option being exercisable into one common share at an exercise price of $0.12 at any time on or ‎before the tenth anniversary of its issuance. ‎

‎Golden Star is relying on exemptions from the formal valuation and minority approval requirements of ‎Multilateral Instrument 61-101 and TSX Venture Exchange Policy 5.9, for the issuance of these ‎options, pursuant to Section 5.5(b) (Issuer Not Listed on Specified Markets) and Section 5.7(a) (Fair ‎Market Value Not More Than 25% of Market Capitalization) of MI 61-101, respectively.‎

For further information, please see Golden Star’s profile on SEDAR+ at: www.sedarplus.ca.

About Golden Star

Golden Star is a capital pool company created to identify and evaluate potential acquisitions of commercially viable businesses and assets that have the potential to generate profits and add shareholder value. Except as specifically contemplated in the CPC Policy of the TSX Venture Exchange, until the completion of the qualifying transaction, Golden Star will not carry on business, other than the identification and evaluation of companies, businesses or assets with a view to completing a proposed qualifying transaction.

For further information, please contact:

David Redekop

Chief Executive Officer and Chief Financial Officer

Phone: 250-863-8914

Neither the 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.