Western Star Resources Inc.

Issued on behalf of Western Star Resources Inc. 

With APT Rotterdam tungsten prices up roughly 900% over twelve months, the January 1, 2027 DFARS procurement cliff on Chinese-origin tungsten now eight months away, and Canadian CMETC tax architecture actively subsidizing tungsten exploration, one Nevada junior is moving from historical production to modern-vintage drill targeting.

USA News Group News Commentary

VANCOUVER, BC, May 27, 2026 /CNW/ -- The Western tungsten supply problem has reached the operational tooling stage. APT Rotterdam tungsten prices traded at approximately US$3,185 per metric tonne unit in early May 2026 -- a roughly 900% increase over the past twelve months -- driven by Chinese export licensing controls, the looming January 1, 2027 DFARS 252.225-7052 procurement cliff on Chinese, Russian, Iranian, and North Korean-origin tungsten products across the U.S. defense supply chain, and the Canadian Critical Mineral Exploration Tax Credit (CMETC) expansion that now actively subsidizes tungsten exploration under Bill C-15 (Royal Assent March 26, 2026).

Inside that landscape, Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2), Almonty Industries Inc. (TSX: AII) (OTCQX: ALMTF), Guardian Metal Resources PLC (AIM: GMET) (OTCQX: GMTLF), EQ Resources Limited (ASX: EQR) (OTCPK: EQRMF), and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) collectively span the spectrum of Western-aligned tungsten and critical-mineral exposure.

Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) on May 21, 2026 announced that its technical team has mobilized to the Company's Rowland Tungsten Property in Elko County, Nevada, to commence the first phase of its 2026 field exploration program. The initial program includes a high-resolution drone magnetic survey, systematic prospecting, sampling of historical waste dumps and workings, and a property-wide soil geochemistry campaign -- designed to refine the Company's understanding of the prospective tungsten-bearing skarn horizons. The objective: generate drill-ready targets during the 2026 field season.

Blake Morgan, CEO and President of Western Star, framed the program as the first modern exploration program ever conducted on the past-producing Rowland tungsten system. The property has documented historical production but has not previously been evaluated using modern drone geophysics and systematic property-wide geochemistry. Mineralization at Rowland is hosted in skarn zones up to 100 feet wide, developed along intrusive contacts between Cretaceous-aged quartz monzonite stock and a host sequence of limestones, shales, and quartzites -- with scheelite as the primary tungsten mineral. Drone geophysical results are expected in the coming weeks, with soil samples submitted for certified laboratory analysis.

The geological foundation under Rowland is substantial. Historical production figures -- based on previous records and not yet independently verified by the Company -- include 4.5 tons at 3.38% WO₃ shipped in 1943 and approximately 1,000 tons at 0.5–1.0% WO₃ produced between 1954 and 1956. These represent the documented past-producing footprint that the modern 2026 program is designed to convert into structurally controlled, geochemically validated drill targets. Western Star expects to integrate the drone geophysical results, soil geochemistry, and historical production data into priority drill target generation, with drill permitting also progressing in parallel.

The macro environment under the program is unusually supportive. The January 1, 2027 DFARS 252.225-7052 procurement cliff -- which codifies under 10 U.S.C. §4872, NDAA Section 844 (FY2021), and Section 854 (FY2024) -- extends prohibitions across the entire defense supply chain from mining through finished tungsten metal powders, tungsten heavy alloys, samarium-cobalt magnets, NdFeB magnets, and tantalum metals/alloys. The Canadian CMETC framework -- expanded under Budget 2025 (November 4, 2025) and enacted via Bill C-15 (Royal Assent March 26, 2026) -- added tungsten to the eligible critical minerals list, providing a 30% non-refundable credit on top of the 100% Canadian Exploration Expense deduction for FT share agreements through March 31, 2027.

Western Star also recently engaged Plutus Invest & Consulting GmbH -- a Bremen-based investor relations and marketing firm -- under a mandate fee of €200,000 through April 30, 2027, positioning the Company for European market awareness during the back half of 2026 and through Q1 2027 -- precisely the window during which the U.S. federal procurement cliff takes effect and the Company's maiden drill program is generating its first modern technical results. The scientific and technical information at Rowland has been reviewed by Jasper Mowatt, MAusIMM, a Qualified Person under NI 43-101. For more company information, visit USA News Group. 

In other industry developments and happenings in the market include: 

Almonty Industries Inc. (TSX: AII) (OTCQX: ALMTF) has continued to advance commissioning and ramp-up of its Sangdong tungsten project in South Korea -- one of the largest tungsten mines outside of China and the central pillar of the Western tungsten capacity build-out. Sangdong's projected mine life and production scale position Almonty as the single largest Western-aligned source of new tungsten production capacity heading into the 2026–2027 window. The Company's existing producing assets in Portugal and Spain provide additional near-term cash flow and operational platform under the tightening Western tungsten procurement environment.

Almonty's strategic positioning -- operating producing tungsten assets while simultaneously commissioning the largest non-China tungsten development project in the Western world -- places AII as the public-market reference for tungsten production scale-up. As the January 2027 DFARS procurement cliff approaches, the supply premium attaching to allied tungsten production capacity continues to widen -- a structural feature of the broader Western critical-minerals capital cycle.

Guardian Metal Resources PLC (AIM: GMET) (OTCQX: GMTLF) has continued exploration and resource definition work at its Pilot Mountain tungsten project in Nevada -- among the highest-grade tungsten development assets currently positioned in the U.S. critical-minerals procurement environment. The Company's strategic positioning within the U.S. domestic tungsten supply chain build-out has been reinforced by continuing engagement under U.S. Department of War and Defense Production Act-related programs targeting domestic tungsten capacity.

Guardian Metal's U.S.-based positioning at Pilot Mountain -- combined with its dual AIM/OTCQX listing structure -- provides the public-market reference for U.S. tungsten development assets at advanced exploration stage. The procurement environment is increasingly differentiating among tungsten exposures by jurisdictional alignment, project stage, and resource verification -- a sequencing the broader sector has been pricing into the development-stage assets through the back half of 2025 and into 2026.

EQ Resources Limited (ASX: EQR) (OTCPK: EQRMF) has continued to advance its tungsten production operations at the Mt Carbine project in Queensland, Australia -- one of the few currently producing tungsten assets in the broader Western-allied production complex. The Company has continued to leverage the structurally higher tungsten price environment through 2025 and into 2026, with operations focused on tungsten concentrate production at scale.

EQ Resources' positioning as a producing Australian tungsten operator provides the operational reference point for what tungsten production economics look like inside the current commodity price environment -- and reinforces the broader structural premium attaching to Western-allied tungsten supply. Australia's positioning as a tier-one mining jurisdiction with growing U.S. defense procurement engagement continues to reinforce the strategic relevance of EQ's production base.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) has continued to expand its critical minerals portfolio through 2026, advancing the Vara Mada (formerly Toliara) Project in Madagascar -- renamed January 8, 2026 via the updated feasibility study release. The Vara Mada Project represents one of the largest critical-mineral development assets in the Energy Fuels portfolio, providing rare earth, titanium, and other critical-mineral exposure alongside the Company's established uranium production base. The Company continues to advance its White Mesa Mill in Utah as the primary U.S. processing facility for uranium and rare earth concentrates.

Energy Fuels' integrated U.S.-based production and processing infrastructure -- anchored by White Mesa Mill -- positions UUUU as one of the most operationally diversified critical-minerals platforms in the public market. The Company is renegotiating Vara Mada fiscal terms with the new Randrianirina government in Madagascar following the October 2025 political transition. Across the Western critical-minerals development complex, UUUU's processing capability provides architectural reference for what a vertically integrated critical-minerals producer can look like at scale.

Across the comparable set, the message is consistent: Western tungsten supply economics have entered a new phase, U.S. and allied procurement environments are repricing in real time, and the upstream resource layer is where the asymmetry of the trade lives. Western Star Resources' May 21 field mobilization at Rowland -- paired with documented historical tungsten production, the Plutus European IR mandate, and the converging DFARS and CMETC policy windows -- places the Company at the modern-vintage-exploration entry point inside the broader Western tungsten capital cycle. For investors building exposure to the U.S. tungsten supply chain reshore thesis, WSR deserves a closer look.

CONTINUED… Read this and more news for Western Star Resources Inc. at: https://usanewsgroup.com/wsr-landing

CONTACT: 

USA News Group

info@usanewsgroup.com

604-265-2873

Article Sources:

• https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3243-cse/wsr/203835-western-star-resources-mobilizes-field-team-to-rowland-tungsten-property-and-launches-drone-geophysics-and-property-wide-geochemical-program.html
• https://almonty.com/news/
• https://guardianmetalresources.com/news/

DISCLAIMER:

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has previously been paid a fee for Western Star Resources Inc. advertising and digital media from the company directly. That compensation has since expired. MIQ expects further compensation in the future. There may be 3rd parties who may have shares of Western Star Resources Inc., and may liquidate their shares which could have a negative effect on the price of the stock. Previous compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not currently own shares of Western Star Resources Inc. but reserves the right to buy and sell, and will buy and sell shares of Western Star Resources Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation in the future as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Issued on behalf of Western Star Resources Inc. by USA News Group / Market IQ Media Group, Inc.

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SOURCE USA News Group

Issued on behalf of Western Star Resources Inc.

A six-week sequence — DIBC application, Plutus mandate, CMETC-eligible flow-through financing — drops under eight months before the U.S. defense procurement cliff for Chinese tungsten

VANCOUVER, BC, May 20, 2026  /PRNewswire/ --  American News Group News Commentary — The tungsten market has stopped trading like a niche industrial input. Rotterdam ammonium paratungstate (APT) — the benchmark intermediate — is changing hands near US$3,185 per metric tonne unit, up roughly 350% year-to-date and approximately 900% over the trailing twelve months.[1] China still controls roughly 80% of global tungsten supply, and the U.S. Department of War's tungsten procurement cliff — codified in DFARS 252.225-7052 and effective January 1, 2027 — prohibits Chinese, Russian, Iranian, and North Korean tungsten from defense supply chains. Either new Western tungsten mines come online, or the entire downstream Western tungsten market contracts. There is no third option.

Inside that structural setup, Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) has, over a roughly six-week stretch, executed a sequence that reads less like a junior explorer's standing news flow and more like a deliberate effort to price into the reshoring trade through both U.S. defense procurement channels and the Canadian tax and listing infrastructure: a U.S. Defense Industrial Base Consortium (DIBC) application targeting tungsten, a twelve-month European investor relations mandate with Plutus Invest & Consulting GmbH commencing May 1, 2026, and a non-brokered flow-through financing eligible for the Canadian Critical Mineral Exploration Tax Credit (CMETC).[2]

The DIBC Submission, And Why Past-Producing Status Matters

On May 1, 2026, Western Star Resources announced that it had submitted its application in response to a solicitation from the U.S. Defense Industrial Base Consortium to provide the United States a reliable supply of critical minerals, focusing on tungsten (WO₃).[3]

In February 2026, the DIBC issued a new request for project proposal (RPP) focused on strategic critical minerals. The DIBC is managed by Advanced Technology International (ATI) on behalf of the U.S. Department of War (DoW), and aims to expand and diversify the defense industrial base in the U.S., enabling private-sector businesses to work in partnership with the U.S. government.[3] 

The DoW has prioritized identification of supply chain alternatives for defense-critical minerals used in the production of aircraft, missiles, semiconductors, and other defense technologies.[3] Western Star's submission focuses on tungsten and is anchored to the past-producing Rowland property in the Jarbidge mining district of Nevada — a U.S. asset with documented historical production that fits the geographic profile the DoW is now actively underwriting.[2]

Past-producing status matters in the current procurement context. Brownfield assets with documented historical production face materially lower permitting complexity and shorter pathways to production than greenfield development projects. The Company has indicated that extensive historical workings are expected to classify the project as previously disturbed, which is expected to streamline the permitting process.[2] CEO and President Blake Morgan put it directly in the May 1 release: "Western Star Resources is pleased to support DIBC initiatives focusing on strategic critical minerals. Our team will be traveling to Washington in May for meetings to discuss our past-producing tungsten asset. We believe this asset offers significant upside and look forward to demonstrating its potential as we approach our maiden drill program in 2026."[3] 

Rowland: Historical Grades, Skarn Geology, And A 2026 Maiden Drill Program

The Rowland property is the flagship of Western Star's portfolio — a past-producing tungsten asset located approximately 6 miles southwest of Jarbidge, Nevada. Historical Rowland production, as reported in Western Star's news releases dated November 5, 2025 and April 9, 2026, consists of 4.5 tons of ore at 3.38% WO₃ shipped in 1943, and approximately 1,000 tons of ore at 0.5–1.0% WO₃ produced from 1954–56.[2] A LiDAR review has identified over 17 historical open pits, trenches, shafts, and adits across the property.[2] The Rowland property is road accessible, and tungsten mineralization has been traced over 2 kilometres — the full length of the existing property package.[2]

Mineralization at Rowland is hosted in skarn zones up to 100 feet wide, developed along intrusive contacts, with scheelite as the primary tungsten mineral alongside molybdenite, powellite, chalcopyrite, and pyrite within a garnet-epidote skarn system.[2] On March 23, 2026, Western Star disclosed preparations to mobilize for the first modern exploration program at the past-producing Rowland Tungsten Property.[2]

The 2026 spring work program is designed to advance the project toward drill targeting and includes rock sampling of all historically disturbed areas identified through LiDAR analysis to verify historical grades and define mineralized zones.

Morgan framed the timing directly on March 23: "With the start of the spring field season coinciding with strong tungsten prices, we are ideally positioned to initiate the maiden exploration program at Rowland."[2] The Company has noted that since acquiring the project, tungsten prices have moved materially higher — a tailwind that improves both the after-tax economics of the exploration program and the institutional appetite for funding tungsten exploration capital.

The European Channel: Plutus, And A €200,000 Mandate Into Q1 2027

Alongside the DIBC submission, Western Star announced on May 1, 2026 that it had entered into a twelve-month investor relations and marketing services agreement with Plutus Invest & Consulting GmbH of Bremen, Germany, dated April 28, 2026 and commencing May 1, 2026.[3]

The services to be provided by Plutus include consultation regarding advertorial marketing and public relations strategies, and designing and implementing an advertisement-based investor awareness campaign focused on the European investment market across financial-news portals, investor newsletters, social-media platforms, paid digital advertising networks, and sponsored articles and video interviews on investor-relations portals.[3]

The Company has agreed to pay Plutus a fee of €200,000 payable on the commencement of services. The Plutus Agreement was negotiated through arm's length negotiations and terminates April 30, 2027.[3] 

The European channel is a deliberate piece of the architecture. Tungsten reshoring is a U.S. policy story but the metal's industrial customer base spans Europe heavily — and the European procurement context around critical minerals supply security has moved aggressively in parallel with the U.S. policy track. The Plutus mandate positions the Company for European market awareness during the back half of 2026 and through Q1 2027 — precisely the window during which the January 1, 2027 U.S. federal procurement rule will be taking effect and Western Star's maiden drill program will be generating its first modern technical results from Rowland.[2] 

CMETC Eligibility: How The Canadian Tax Architecture Subsidizes The Trade

The financing component of Western Star's recent sequence is structurally interesting. CMETC eligibility broadens the pool of Canadian investors willing to fund critical-mineral exploration by attaching enhanced after-tax economics — a 30% non-refundable tax credit on top of the standard 100% Canadian Exploration Expense (CEE) deduction — to the subscription.

The timing of WSR's financing aligns it with a recent, specific policy change: tungsten was added to the CMETC's list of eligible critical minerals on November 4, 2025 (Budget Day 25), with the expansion enacted into law when Bill C-15 (the Budget 2025 Implementation Act, No. 1) received Royal Assent on March 26, 2026.[2] The expanded list — which also added bismuth, cesium, chromium, fluorspar, germanium, indium, manganese, molybdenum, niobium, tantalum, and tin — applies to flow-through share agreements entered into after Budget Day 25 and on or before March 31, 2027.[2] Western Star's flow-through agreement, entered into in the run-up to its May 1, 2026 announcement, sits squarely inside that window.

The combination matters because it stacks three independent capital and procurement tailwinds onto the same project: U.S. defense procurement engagement through the DIBC submission, European market awareness through the Plutus mandate, and Canadian after-tax economics through the CMETC-eligible flow-through financing. Few junior tungsten explorers in 2026 are positioned across all three channels simultaneously.

Where WSR Sits Inside The Tungsten And Critical Minerals Reshoring Universe

Group 6 Metals Limited (ASX: G6M) owns and operates the Dolphin Tungsten Mine on King Island, Tasmania — described as the highest-grade tungsten deposit of significant size in the Western world, with a JORC 2012 compliant Mineral Reserve of 4.43Mt at a grade of 0.92% WO₃ and total resources of 9.6 Mt at 0.90% WO₃.[4] Group 6 has recently signed a binding three-year underground mining contract with HMR Drilling Services valued at approximately A$110–120 million for Dolphin development and production services.[5]

Group 6 also turned profitable for the first half of FY26 and announced a long-term Traxys offtake agreement promising 10,000 tonnes of WO₃ in scheelite concentrate deliveries worth a minimum US$1.75 billion over six to eight years at current APT spot prices.[6] Group 6 represents the producer-end comparable for a past-producing Western tungsten asset that has successfully redeveloped into commercial production — the precedent path Western Star's Rowland asset is now positioned to evaluate. 

EQ Resources Ltd. (ASX: EQR) owns the Barruecopardo tungsten mine in Spain and the Mt Carbine tungsten mine in Northern Queensland — the largest producing tungsten mine in Australia. The Company has grown approximately 500% over the past year and trades at a valuation near A$1.5 billion as the broader tungsten reshoring trade has repriced the Western producer base aggressively.[6] EQ's management has publicly observed that current tungsten prices are not sustainable, but has indicated they expect elevated prices for three to five years given the absence of immediate major new Western supply sources.[6] EQ Resources represents the producer comparable that frames the institutional repricing of Western tungsten production capacity that is now actively underway.

NioCorp Developments Ltd. (NASDAQ: NB) is advancing the Elk Creek niobium-scandium-titanium critical minerals project in Nebraska, and represents one of the cleanest North American critical-minerals-reshoring comparables for Western Star's positioning. NioCorp priced a US$100 million public offering at US$5.00 per share on February 24, 2026, closing the offering on February 25, 2026, with Maxim Group as lead bookrunner.[7] The Company has begun excavation of its Mine Portal ($44.6 million), announced a non-binding ten-year offtake agreement with Traxys on April 9, 2026, and has a $780 million Export-Import Bank financing under consideration. NioCorp offers the broader U.S. critical minerals reshoring comparable for a small-cap, single-project exposure to a structurally undersupplied critical mineral inside the U.S. supply security framework — the same broader thesis Western Star is positioned inside on tungsten.

MP Materials Corp. (NYSE: MP) operates the Mountain Pass rare earth mine in California — the only large-scale operating rare earth mine in the Western Hemisphere — and is the highest-profile public-market expression of the broader U.S. critical-minerals-reshoring investment thesis. MP Materials has been one of the central public-market beneficiaries of the structural U.S. policy push to bring critical minerals supply chains back inside Western jurisdictions, with a market capitalization that reflects the institutional view that strategically essential critical-minerals producers operating inside U.S. borders carry a procurement and security premium that did not exist five years ago. MP Materials provides the broadest reshoring comparable for the strategic-minerals-procurement framework Western Star's Rowland program is positioned inside.

Across all four comparables, the recurring pattern is unmistakable: critical-minerals capacity inside Western jurisdictions has been repriced aggressively across 2025 and 2026, with the producers and near-producers experiencing the cleanest re-ratings, and the developers next in the queue carrying the next layer of asymmetric exposure as the procurement cliff and the tax architecture both tighten in the same direction. Western Star sits at the developer end of that spectrum with a past-producing U.S. asset, an active DIBC engagement, a European IR mandate, and a CMETC-eligible flow-through financing — all dropping inside the same eight-month window before the procurement cliff takes force.

The Window Ahead

Western Star's near-term catalyst window is well-defined. The 2026 spring field season is now in motion at Rowland, with rock sampling of historically disturbed areas underway and a maiden modern exploration program designed to advance the project toward drill targeting.[2]

The DIBC application has been filed, with Washington meetings scheduled in May to discuss the past-producing tungsten asset.[3] The Plutus mandate is live through April 30, 2027 — covering exactly the window during which the January 1, 2027 procurement rule takes effect and the first modern Rowland technical results are expected to land. The CMETC-eligible flow-through financing structure sits inside the agreement window through March 31, 2027.[2]

For investors who have read the procurement cliff, the tax architecture, the European procurement context, and the trajectory of APT prices across the past twelve months, Western Star Resources offers a small-cap exposure to a past-producing U.S. tungsten asset operating with explicit U.S. defense procurement engagement, European investor outreach, and Canadian flow-through subscription economics — all in the same window. The macro is now structural. The procurement is now compulsory by federal regulation. The capital-markets architecture is now subsidized. The question for Western Star is execution of the maiden modern drill program — and the next reads on that question arrive across the back half of 2026. 

Contact

American News Group

info@americannewsgroup.com

604-265-2873

Article Sources

[1] https://www.globenewswire.com/news-release/2026/05/04/3286787/0/en/Western-Star-Files-Application-With-U-S-Defense-Industrial-Base-Consortium-as-Tungsten-Prices-Rip-and-the-West-Scrambles-for-Non-China-Supply.html

[2] https://www.globenewswire.com/news-release/2026/05/13/3294215/0/en/Tungsten-Is-the-Critical-Mineral-Canada-Owns-and-One-Junior-Just-Financed-Its-Way-Into-the-Reshoring-Trade.html

[3] https://finance.yahoo.com/sectors/energy/articles/western-star-resources-submits-application-114500091.html

[4] https://g6m.com.au/

[5] https://www.theglobeandmail.com/investing/markets/markets-news/Tipranks/1462788/group-6-metals-secures-110m-underground-mining-deal-for-dolphin-tungsten-project/

[6] https://stockhead.com.au/resources/tungsten-has-gone-exponential-heres-how-australian-explorers-are-taking-advantage/

[7] https://www.globenewswire.com/news-release/2026/05/04/3286787/0/en/Western-Star-Files-Application-With-U-S-Defense-Industrial-Base-Consortium-as-Tungsten-Prices-Rip-and-the-West-Scrambles-for-Non-China-Supply.html

DISCLAIMER NOTICE 

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. AmericanNewsGroup.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has previously been paid a fee for Western Star Resources Inc. advertising and digital media from the company directly which has since expired. There may be 3rd parties who may have shares Western Star Resources Inc., and may liquidate their shares which could have a negative effect on the price of the stock. Previous compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ do not own any shares of Western Star Resources Inc. but reserve the right to buy and sell, and will buy and sell shares of Western Star Resources Inc. at any time hereafter without any further notice. We also expect further compensation in the future as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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