SUV Star Minerals Group Ltd

Star Minerals Group Ltd. ("Star" or the "Company") (TSX VENTURE:SUV) announces
that it intends to complete a non-brokered private placement offering of units
("Units") at a price of $0.24 per Unit for aggregate gross proceeds of up to
$1,000,000 (the "Offering"). Each Unit will be comprised of three (3) common
shares in the share capital of the Company ("Common Shares") issued on a "flow
through" basis, as defined in the Income Tax Act (Canada) (the "Flow Through
Shares"), one (1) non-flow through Common Share (the "Non-Flow Through Shares")
and one half of one (1/2) Common Share purchase warrant (each whole warrant, a
"Warrant"). The Offering will be completed following the completion of the
Consolidation, as defined below. The price of each Unit will be based on the
market price of the Common Shares on the TSX Venture Exchange following the
Consolidation. Each Warrant will be exercisable for a period of two (2) years
from the date of issuance at an exercise price of $0.09 for the first year and
$0.105 for the second year.


The proceeds of the Offering attributable to the sale of the Flow Through Shares
will be used to fund expenditures on Star's existing mineral properties and a
preliminary economic assessment on the Hoidas Lake Rare Earth Project pursuant
to the option and joint venture agreement (the "Option and Joint Venture
Agreement") between the Company and Great Western Minerals Group Ltd., as more
particularly disclosed in the Company's news release dated December 4, 2013,
once the transactions contemplated by the Option and Joint Venture Agreement
have closed. 


The proceeds of the Offering attributable to the sale of the Non-Flow Through
Shares will be used for general working capital.


A finder's fee of up to 6% of the gross proceeds of the Offering may be paid in
cash on all or any part of the Offering.


All securities issued pursuant to the Offering will be subject to a statutory
hold period expiring four months after the date of the issuance of the
securities.


The Company further announces that it intends to consolidate the Common Shares
(the "Consolidation"). At the annual general and special meeting of shareholders
of the Company on August 27, 2013, shareholders authorized the directors to
amend the Articles of the Company to consolidate its common shares on the basis
of one (1) post-Consolidation common share for up to every ten (10)
pre-Consolidation common shares issued and outstanding immediately prior to the
Consolidation. The Consolidation will proceed on the basis of one (1)
post-Consolidation common share for every three (3) pre-Consolidation common
shares.


The Offering and the Consolidation are both subject to regulatory approval,
including the approval of the TSX Venture Exchange.


About Star Uranium Corp.

Star is a Canadian based entity focused on the strategic acquisition and
development of resource properties on a worldwide basis.


Forward-Looking Statements

This news release contains certain statements which constitute forward-looking
statements or information ("forward-looking statements"), including statements
regarding the proposed Consolidation, the Offering and the use of proceeds
therefrom. Such forward-looking statements are subject to numerous risks and
uncertainties, some of which are beyond Star's control, including the impact of
general economic conditions, industry conditions, volatility of commodity
prices, currency fluctuations, competition from other industry participants,
stock market volatility and the ability to access sufficient capital from
internal and external sources. Although Star believes that the expectations in
its forward-looking statements are reasonable, they are based on factors and
assumptions concerning future events which may prove to be inaccurate. Those
factors and assumptions are based upon currently available information. Such
statements are subject to known and unknown risks, uncertainties and other
factors that could influence actual results or events and cause actual results
or events to differ materially from those stated, anticipated or implied in the
forward looking information. Such factors may include the failure of Star to
successfully market the Units, failure of the board of directors to approve the
Consolidation and failure to satisfy certain conditions in connection with the
issuance of the Units. As such, readers are cautioned not to place undue
reliance on the forward looking information, as no assurance can be provided as
to future results, levels of activity or achievements. Other factors that could
materially affect such forward-looking statements are described in the risk
factors in the most recent management's discussion and analysis that is
available on the Company's profile on SEDAR at www.sedar.com. Readers are
cautioned that the foregoing list of factors is not exhaustive. The
forward-looking statements contained in this document are made as of the date of
this document and, except as required by applicable law, Star does not undertake
any obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise. The forward-looking statements contained in this document
are expressly qualified by this cautionary statement.


Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Star Minerals Group Ltd.
Jim Engdahl
306-664-3828
306-244-0042 (FAX)
info@staruranium.com
www.staruranium.com

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