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.