Vanstar Mining Resources inc. ("Vanstar") (TSX VENTURE:VSR) announces that it is
increasing the previously announced $100,000 financing, to a maximum of
$150,000. 


The financing consists of a maximum of 150 units at a purchase price of 1,000 $
per unit. Each unit consists of 20,000 common shares at a price of $0.05 per
share and 20,000 common share purchase warrants. Each whole warrant will entitle
the holder to purchase one additional common share in the capital of Vanstar for
a period of 2 years from the date of issuance, at a purchase price of $0.10 per
share. These funds will be allocated for general working capital purposes.
Insiders will participate to this offering.


The securities issued as part of this financing will be subject to a minimum
hold period of four-month-and-one-day and subject to the approval of the TSX
Venture exchange. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Guy Morissette
CEO
819-763-5096
www.vanstarmining.com
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