Dark Star Minerals Appoints New CEO and Announces Private Placement, Transitions to Semi-Annual Reporting

VANCOUVER, BRITISH COLUMBIA — November 13, 2026 — Leads & Copy — Dark Star Minerals Inc. has appointed Rod Campbell as President, Chief Executive Officer (CEO) and a director, effective immediately. Campbell, who brings extensive experience in financial services and the energy sector, succeeds Marc Branson, who will continue as a director. Doug Unwin has resigned from the board and will serve as an advisor.

Campbell previously worked as a Financial Advisor at BMO Nesbitt Burns and has 17 years of experience in the oil and gas sector, including oversight of procurement and fuel business development for companies such as Encana, Apache Corporation, Canadian Hunter Exploration, Elbow River Resources, ERS, and MP Energy.

"I am excited to lead Dark Star at what I believe is a compelling time for uranium exploration," Campbell stated. "Nuclear power has a critical role to play in meeting the world’s growing energy needs, and I see significant long-term opportunity in the uranium sector. Our focus will be on advancing the Company’s project portfolio, pursuing opportunities for growth and building lasting shareholder value. I look forward to working with the team to realize Dark Star’s potential." He also thanked Unwin for his contributions and expressed pleasure that the company will continue to benefit from his expertise.

In conjunction with these leadership changes, Dark Star Minerals is undertaking a non-brokered private placement to raise up to $750,000 by issuing up to 15,000,000 units at $0.05 per unit. This offering includes the settlement of $506,358.42 CAD in outstanding debt, including $304,120.00 CAD in interest-free loans provided for the advancement of the company's uranium project portfolio. Each unit consists of one common share and one share purchase warrant. The warrants are exercisable at $0.10 per share for 36 months, with an acceleration clause if the company's share price reaches $0.20 for five consecutive trading days.

The exercise of warrants is contingent upon shareholder approval, as the total number of shares issuable upon full warrant exercise could exceed 100% of the company's current issued and outstanding shares. If shareholder approval is not obtained, all warrants issued will be cancelled.

Proceeds from the offering are earmarked for mineral exploration programs and general working capital. All securities issued will be subject to a four-month hold period. Finder's fees may be paid in connection with the offering.

Dark Star Minerals also announced its decision to rely on Coordinated Blanket Order 51-933, transitioning to semi-annual financial reporting instead of quarterly. This move aims to reduce administrative and financial burdens while maintaining timely disclosure of material changes. The company will now file interim financial reports and management's discussion and analysis for its six-month periods ending June 30, and its audited annual financial statements within 120 days of its December 31 year-end.

Dark Star Minerals Inc. is a mineral exploration company focused on acquiring and advancing uranium and critical mineral resources. Its portfolio includes options and interests in projects in Saskatchewan and Newfoundland and Labrador.

Source: DARK STAR MINERALS INC.