News

South Star Mining Welcomes Mr. Daniel W. Wilton To The Board

South Star Mining Welcomes Mr. Daniel W. Wilton To The Board

December 6^th, 2018 – Vancouver, B.C. – South Star Mining Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF) is pleased to announce the Company has appointed Mr. Daniel W. Wilton to the Company’s Board of Directors.

Mr. Wilton has 25 years of experience in M&A, corporate finance and principal investing in the mining sector.  Dan was most recently a Partner at Pacific Road Capital Management, a mining-focused private equity investment firm with approximately $800 million under management. At Pacific Road, Dan reviewed a number of projects in Brazil, led the investment in Luna Gold (now Equinox Gold Corp.) and financed the development of the Aurizona gold project through critical pre-feasibility and permitting activities.  Prior to joining Pacific Road, Dan’s previous roles included Managing Director and Head of the Global Mining and Metals Group at National Bank Financial Inc..and other corporate finance and M&A roles at global institutions based in London, Toronto and New York.

“I am pleased to welcome Dan to the South Star Board.  His extensive corporate finance and M&A background, including significant experience in Brazil, fits very well with South Star’s strategic objectives and we look forward to his contribution.” said Eric Allison, CEO.

South Star also announces an agreement (the “Agreement”) with Mackie Research Capital Corporation (“Mackie”) to provide market maintenance services for the Company in compliance with applicable regulatory guidelines. Mackie will trade shares of South Star on the TSX Venture Exchange for the purposes of providing market stabilization and liquidity services for South Star’s shares. In consideration for Mackie’s services, the Company will pay Mackie $4,000 per month. The Agreement may be terminated at any time by either party. The Agreement is subject to TSX Venture Exchange approval.

South Star also announces that Mr. Aman Parmar has resigned as a Director to pursue other endeavours. The Company thanks Mr. Parmar for his service and wishes him all the best in the future.

ABOUT SOUTH STAR MINING CORP.
South Star Mining Corp. is focused on the acquisition and development of near-term mine production projects in Brazil to maximize shareholder value. To learn more, please visit the Company website at www.southstarmining.com.

On behalf of the Board,

Mr. Eric Allison
Chief Executive Officer
Ph: +1 (203) 918-3098
Email: eric@southstarmining.ca

For additional information, please contact:

Dave McMillan
Chairman
Ph: +1 (778) 773-4560
Email: davemc@telus.net

Mr. Kris Kottmeier
VP Corp Development
Ph: +1 (604) 506-2502
Email:  kris@southstarmining.ca

CAUTIONARY STATEMENT
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This news release and the PEA contain references to inferred resources. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA will be realized.

Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements.