LA PRAIRIE, QUEBEC--(Marketwire - Oct. 30, 2012) - Vanstar Mining Resources Ltd. (the "Company") (TSX VENTURE:VSR) announces the completion of a $22 000 non-brokered financing. The Company will issue 22 units at a price of $1 000 per unit. Each unit includes 10 000 common shares of the Company at a price of $0.10 per share.

These shares are subject to a 4-month minimum hold period and the financing is subject to the approval of the TSX Venture exchange.

Neither 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.

Contact Information:

Guy Morissette