Announcement • Jun 25
Western Star Resources Inc. Mobilises to the White Star Tungsten Project and Commences Drone Geophysics Western Star Resources Inc. field crews have mobilised to the Company’s 100% owned White Star Tungsten Project in Elko County, Nevada, USA, to commence the planned 2026 exploration program. Field crews have mobilised to the White Star Tungsten Project to commence the first modern exploration program on the property and surrounding the past producing Mission Cross Mine workings. Initial activities include a property-wide high-resolution UAV magnetic geophysical survey, and a systematic soil geochemistry survey. UAV magnetic survey results expected over the coming weeks; rock-chip and soil samples will be submitted to the laboratory for certified assay. The initial White Star program will mirror the integrated workflow being applied at Rowland and comprises the following core workstreams; 1) A property-wide UAV magnetic survey, providing the first modern high-resolution geophysical dataset across the project 2) Systematic mapping and ground-truthing of the historical Mine workings, including open-pit and underground workings, surface trenches, shafts, adits, and waste dumps. 3) Reconnaissance soil sampling across the broader White Star claim package, including ground between the White Star workings and the adjoining Rowland Property. The Company expects to receive preliminary processed geophysical products from the contractor over the coming weeks. Soil samples will be submitted for certified laboratory analysis, with assay results to be released once received and interpreted. The combined White Star and Rowland datasets are intended to support a single, district-scale geological model spanning the consolidated Jarbidge–Charleston tungsten footprint. The scientific and technical information contained in this news release has been reviewed and approved by intendant Geologist Jasper Mowatt, MIMMM (Membership No. 0486653) and MAusIMM (Membership No. 3178851), a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. New Risk • Jun 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (384% increase in shares outstanding). Market cap is less than US$10m (CA$12.0m market cap, or US$8.64m). New Risk • Jun 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.9m (US$9.28m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (384% increase in shares outstanding). Market cap is less than US$10m (CA$12.9m market cap, or US$9.28m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Announcement • May 14
Western Star Resources Inc. announced that it expects to receive CAD 0.5 million in funding Western Star Resources Inc. announced a non-brokered private placement to issue 833,333 flow-through common shares at an issue price of CAD 0.60 for gross proceeds of CAD 499,999.8 on May 13, 2026. The flow-through shares carry a four-month-and-one-day statutory hold period, with the offering subject to CSE approval. Announcement • May 02
Western Star Resources Inc. announced that it expects to receive CAD 0.5 million in funding Western Star Resources Inc. announces a non-brokered private placement of 833,333 flow-through common shares at a price of CAD 0.60 per FT share for gross proceeds of CAD 499,999.8. on May 1, 2026. All FT shares issued under the offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Completion of the offering remains subject to approval by the CSE. Announcement • Apr 17
Western Star Resources Inc. announced that it expects to receive CAD 3 million in funding Western Star Resources Inc. announced a non-brokered private placement to issue 6,000,000 units at an issue price of CAD 0.5 for the proceeds of CAD 3,000,000 on April 16, 2026. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to acquire one additional common share at a price of CAD 0.75 for a period of 24 months from the date of issuance. The Private Placement remains subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the Canadian Securities Exchange. Announcement • Feb 26
Western Star Resources Inc. announced that it has received CAD 3.046088 million in funding On February 25, 2026, the Western Star Resources Inc closed the transaction. The Company paid finders fees of CAD 83,119.01 and issued 553,887 finder warrants at a price of CAD 0.30 for period of two years expiring February 23, 2028. Announcement • Oct 21
Western Star Resources Inc. announced that it expects to receive CAD 1.5 million in funding Western Star Resources Inc. announces a non-brokered private placement of up to 7.5 million units at a price of CAD 0.25 per unit for gross proceeds of CAD 1.5 million on October 20, 2025. Each of the units will consist of one common share and one share purchase warrant, which is exercisable at CAD 0.35 per unit for two years. All securities issued under the offering and including the warrants will be subject to a four-month holding period. The private placement remains subject to receipt of all required approvals, including the approval of the Canadian Securities Exchange, as well as execution of formal documentation. Announcement • Jul 30
Western Star Resources Inc., Annual General Meeting, Oct 23, 2025 Western Star Resources Inc., Annual General Meeting, Oct 23, 2025. Announcement • Jun 25
Western Star Resources Inc. announced that it has received CAD 0.555 million in funding On June 24, 2025, Western Star Resources Inc. closed the transaction. The company issued 1,070,667 units at an issue price of CAD 0.15 per unit for gross proceeds of CAD 160,600.05 in its second and final tranche. Together with the first tranche the company raised a total of CAD 555,000.05 and issued 3,700,000 units. Each unit is comprised of one common share and one share purchase warrant, which is exercisable into one common share at an exercise price of CAD 0.30 per share expiring June 24, 2027. All securities issued under the offering and including warrants will be subject to a four month holding period. The company paid a finder’s fee to Ventum Financial Corp for the total of CAD 1,200 in cash and 8,000 broker warrants. Announcement • Jun 03
Western Star Resources Inc. announced that it expects to receive CAD 0.555 million in funding Western Star Resources Inc announced a non-brokered private placement to issue up to 3,700,000 units of the company at a price of CAD 0.15 per Unit for aggregate proceeds of CAD 555,000 on June 3, 2025. Each Unit will consist of one common share and one share purchase warrant which is exercisable at a price of CAD 0.3 for a period of 2 years. All securities issued in the transaction will be subject to a hold period of 4 months. The transaction is subject to the approval of the CSE. Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Dallas Miller was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Dallas Miller was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Market cap is less than US$10m (CA$651.3k market cap, or US$458.5k). Board Change • Jan 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Dallas Miller was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 27
Western Star Resources Inc. announced that it has received CAD 0.129998 million in funding On September 26, 2024, Western Star Resources Inc. closed the transaction. The company announced that it has issued 1,444,421 units at an issue price of CAD 129,997.89. Each unit will comprise of one common share and one full purchase warrant. Full warrants are exercisable into one Common Share of the Company at an exercise price of CAD 0.125 per share at any time up to 24 months following the closing date. Insiders participated in the placement and, as such, their participation in the private placement is a related party transaction. Announcement • Aug 08
Western Star Resources Inc. announced that it expects to receive CAD 0.13 million in funding Western Star Resources Inc announce a non-brokered private placement of up to 1,444,444 million units of the Company, at a purchase price of CAD 0.09 per unit for gross proceeds CAD130,000 on August 8, 2024. Each unit will comprise of one common share in the capital of Western Star and one full purchase warrant. Full warrants are exercisable into one Common Share of the Company at an exercise price of CAD 0.125 per share at any time up to 24 months following the closing date. Completion of the Offering is subject to the approval of the CSE Announcement • Dec 13
Western Star Resources Inc. announced that it expects to receive CAD 0.64 million in funding Western Star Resources Inc. announced a non-brokered private placement of up to 8,000,000 units at a price of CAD 0.08 per unit for gross proceeds for gross proceeds of up to CAD 640,000 on December 12, 2023. Each unit will be comprised of one common share and one whole common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.15 at any time up to 36 months following issuance. The transaction included participation from insiders of the company. The company may pay finders’ fees in connection with the offering in accordance with the policies and subject to the approval of the Canadian Securities Exchange. All shares issued in connection with the offering will be subject to a statutory hold period with the following release terms - 1/3 four months and one day after the closing of the offering, 1/3 eight months following the date of issuance, and 1/3 twelve months following the date of issuance. The completion of the offering is subject to the approval of the CSE. Announcement • Oct 19
Western Star Resources Inc. (CNSX:WSR) completed the acquisition of Mount Anderson Property in the Yukon. Western Star Resources Inc. (CNSX:WSR) entered into an agreement to acquire Mount Anderson Property in the Yukon for CAD 0.17 million on October 3, 2023. The Company will acquire the Mount Anderson Property through a 100% acquisition, the Company will issue an aggregate of 1,000,000 common shares in the capital of the Company to the Vendors and grant a 1% NSR royalty in respect of commercial production from the Property.Western Star Resources Inc. (CNSX:WSR) completed the acquisition of Mount Anderson Property in the Yukon on October 18, 2023. Announcement • Oct 05
Western Star Resources Inc. (CNSX:WSR) entered into an agreement to acquire 100% stake in Mount Anderson Property in the Yukon for CAD 0.16 million. Western Star Resources Inc. (CNSX:WSR) entered into an agreement to acquire 100% stake in Mount Anderson Property in the Yukon for CAD 0.16 million on October 3, 2023. The Company will acquire the Mount Anderson Property through a 100% acquisition, the Company will issue an aggregate of 1,000,000 common shares in the capital of the Company to the Vendors and grant a 1% NSR royalty in respect of commercial production from the Property. Announcement • Sep 13
Western Star Resources Inc. announced that it expects to receive CAD 5 million in funding from Crescita Capital LLC Western Star Resources Inc. announced that it has entered into an equity agreement with the new investor Crescita Capital LLC to issue common shares for the gross proceeds of CAD 5,000,000 on September 12, 2023. The company can draw down funds from the Equity Investment Facility from time to time during the three-year term at discretion by providing a notice to Crescita and issuing common shares to Crescita. The shares issued in connection with any Private Placement will be priced at 85% of the average closing bid price over the ten days of trading following the Drawdown Notice. The amount requested in each Drawdown Notice cannot exceed 500% of the average daily trading volume of the Pricing Period. Pursuant to the Agreement, the Company will pay Crescita an up-front commission of CAD 249,999,9, representing 5% of the amount available under the Equity Investment Facility, which shall be paid through the issuance of 1,666,666 common shares of the Company at a deemed price of CAD 0.15 per share and issue Crescita 869,800 warrants of the Company, representing 5% of Western Star’s current number of outstanding shares, each at an exercise price of $0.15 per share for a period of three years. All securities issued to Crescita pursuant to the Agreement will not be subject resale restrictions under applicable securities laws and the Company intends to seek a waiver from the Canadian Securities Exchange in respect of the 4-month hold period. Board Change • Sep 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Dallas Miller was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 25
Western Star Resources Inc. (CNSX:WSR) completed the acquisition of Lish Ventures Inc. Western Star Resources Inc. (CNSX:WSR) entered into a share exchange agreement to acquire Lish Ventures Inc. for CAD 0.43 million on July 19, 2023. In exchange for its acquisition of Lish Ventures Inc., Western Star Resources will issue an aggregate of 5,000,000 common shares and grant a 1% NSR royalty in respect of commercial production from the property. Lish Ventures is the 100% owner of Toad River copper-cobalt property located in the Peace River North area of British Columbia.
Western Star Resources Inc. (CNSX:WSR) completed the acquisition of Lish Ventures Inc. on August 24, 2023. Western Star Resources has now acquired 100% of the two mineral titles totaling 2,202.15 ha for one time issuance of 5,000,000 shares to the Vendors. The Property has 1% Royality in returns on commercial production. Board Change • Feb 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Dallas Miller was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.