Glenstar Minerals Inc. Reveals Increased Private Placement Financing of $3 Million

Private Placement Increase: Glenstar Minerals Inc. has amended its agreement with Hampton Securities to increase its private placement offering to raise up to $3,060,000 by selling 4,500,000 units at $0.68 each.

Use of Proceeds: The funds will be utilized to enhance and accelerate drilling programs at the Green Monster Property, along with exploration activities at both the Green Monster and Wild Horse Properties.

Agent's Option: The Agent has been granted an option to sell an additional 675,000 units for up to $459,000 in gross proceeds, exercisable before the closing date of the Offering.

Regulatory Compliance: The securities offered are not registered under U.S. laws and will only be available to Canadian residents (excluding Quebec) and other qualifying jurisdictions, subject to customary conditions and regulatory approvals.