TSXgroup

May 7, 2009

VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: May 7, 2009
TSX Venture Tier 2 Company

The Company's Initial Public Offering ("IPO") Prospectus dated February 4, 2009 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the Autorité des marchés financiers on February 9, 2009, pursuant to the provisions of the Québec Securities Act. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective date stated below.

The Company is classified as a "Mineral Exploration/ Development" company.

Offering: A minimum of 238 Units A ($249,900) and 860 Units B ($430,000) and a maximum of 895 Units A ($939,750) and 900 Units B ($450,000). Each Unit A consisting of 2,100 common shares at $0.10 per share and 5,600 flow-through common shares at $0.15 per share. Each Unit B consisting of 5,000 common shares at $0.10 per share and 5,000 warrants entitling the holder to purchase 5,000 common shares at $0.13 per share for a period of 2 years.

Share Price: Common Shares: $0.10;
Flow Through Common Shares: $0.15

Agent: Northern Securities Inc.

Agent's fee: A cash commission of up to 8% of the gross proceeds

Agent's Option: Non-transferable compensation options representing 10% of the number of Units issued under the offering, for a period of 24 months from the date of the closing. The Units have the same terns as those issued under the offering.

Over Allotment: 15% of the Units A and Units B for a period of 60 days following the closing of the offering.

Listing Date: At the close of business (5:01 EDT) on May 7, 2009

Commencement Date: The common shares will commence trading on TSX Venture Exchange at the opening Friday, May 8, 2009, upon confirmation of closing

The closing of the IPO is scheduled to occur before the market opening on May 8, 2009. It is expected that the gross proceeds of the closing will be $756,600 (262 Units A and 963 Units B) for a total of 6,832,400 common shares (1,467,200 Flow-Through Common Shares at $0.15 per share and 5,365,200 Common Shares at $0.10 per share). A further notice will be issued upon receipt of closing confirmation.

Corporate jurisdiction: Canada

Capitalization: unlimited common shares with no par value of which 10,132,500 common shares are issued and outstanding.
Escrowed Shares: 3,300,000 common shares

Transfer Agent: Computershare Investor Services Inc. - Montréal & Toronto
Trading Symbol: VSR
CUSIP Number: 92209L 10 9

For further information, please refer to the Company's Prospectus dated February 4, 2009.

Company contact: Guy Morissette
Company address: 822, boulevard Taschereau, La Prairie (Québec) J5R 1V9

Company phone number: (514) 712-9753
Company fax number: (450) 444-1776
E-mail address: vantex@videotron.ca