Eagle Star Minerals Corp Completes Oversubscribed Private Placement

Eagle Star Minerals Corp announced it has oversubscribed and completed its non-brokered private placement of 7,500,000 units at a price of ten cents per unit previously announced August 3rd, 2012. Due to increased demand, the Company has oversubscribed by 1,750,000 units for total gross proceeds of $925,000. Closing of this offering is subject to TSX Venture approval. The securities in connection with the offering are subject to a 4-month hold period that expires January 1st, 2013. A total of $51,800 and 568,000 warrants exercisable at twenty cents for a period of twelve months was paid as a finders fee in connection with this financing.