Vancouver, B.C.: February 13, 2015 (TSXV: DSR) (“Desert Star” or the “Company“) is pleased to announce that it has closed the second tranche of its non-brokered private placement financing, previously announced by news releases dated November 27, 2014 and December 30, 2014 (the ” Private Placement“) for gross proceeds of $266,622 by the issuance of 1,777,480 units (each a “Unit“) of the Company at a price of $0.15 per Unit. Each Unit is comprised of one common share and one common share purchase warrant (a ” Warrant“). Each Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.25 per common share.

In connection with the Private Placement the Company paid aggregate cash commission of $19,162.20. The Company also issued non-transferable finder’s warrants to purchase 127,748 common shares of the Company exercisable for a period of two years at a price of $0.25 per common share.

The Company has now completed $1,544,407 of the previously announced non-brokered private placement for maximum gross proceeds of $2 million. The Company intends to close a third tranche of the private placement by the end of February.

Proceeds of the Private Placement will be used for the continued exploration of the Company’s properties and for general working capital purposes. All securities issued pursuant to the Private Placement are subject to a four month and a day hold period.

On behalf of the Board of
DESERT STAR RESOURCES LTD.


“Vince Sorace”
Vince Sorace
President and CEO, Desert Star Resources Ltd.


For further information regarding Desert Star, please email info@desertstar.ca or visit our website at www.desertstar.ca.



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