Dark Star launches non-brokered flow-through placement

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2026) - DARK STAR MINERALS INC. (CSE: BATT) (WKN: A429LR) (FSE: P0W) (the "Company" or "Dark Star") is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to $337,500 from the sale of up to 4,500,000 flow through units in the capital of the Company (each, a “Unit”) at a price of $0.075 per Unit for gross proceeds of up to $337,500 (the " Offering "). Insiders may participate in the Offering. Each Unit will consist of one critical flow-through common share (each, a " Share ") of the Company and one share purchase warrant (each whole warrant, a " Warrant ").

Each Warrant entitles the holder to purchase an additional common share of the Company (each, a " Warrant Share ") at an exercise price of $0.10 per Warrant Share for a period of three years from the date of closing of the Offering. The gross proceeds from the issuance of the Units will be used to incur resource exploration expenses which will constitute "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act (Canada) (the " Tax Act ") and "flow through critical mineral mining expenditures" as defined in subsection 127(9) of the Tax Act, which will be renounced with an effective date no later than December 31, 2026 to the purchasers of the Units in an aggregate amount not less than the gross proceeds raised from the issue of the Units. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the Canadian Securities Exchange (the " CSE ").

There will be no finder's fees in connection with the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Any participation by insiders in the Offering will constitute a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101 ") but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Dark Star Minerals Inc. Dark Star Minerals Inc. is a mineral exploration company focused on the strategic acquisition and advancement of uranium and critical mineral resources.

The Company holds an option to acquire a 100% interest in the Ghost Lake claims located in the prolific CMB of Newfoundland and Labrador, comprising 28,575 ha of contiguous claim blocks, and owns the Bleasdell Project spanning over 515 ha in Northern Saskatchewan, Canada. For further information please contact: Marc Branson President, CEO and Director E‐mail: investors@darkstarminerals.com Telephone: 604‐816‐2555 Forward‐Looking Statements: This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events.