STRR:CC - Green Star Royalties' Rina Cerrato Appointed Co-Chair of IETA's Voluntary Carbon Markets Working Group

(TheNewswire)

T oronto , ON - TheNewswire- April 20, 2023 - StarRoyalties Ltd. (“ StarRoyalties ”, or the “ Company ”) (TSXV:STRR ) ( OTC:STRFF) is pleased to announce that Rina Cerrato, ChiefCommercial Officer of its majority-owned joint venture, Green StarRoyalties Ltd. (“ GreenStar ”), has been appointed as Co-Chair of the InternationalEmissions Trading Association (“ IETA ”) working group on Voluntary Carbon Markets (“ VCM ”).

Green Star became a member of IETA earlier in 2023,having joined an organization that represents approximately 500 globalcompanies across multiple sectors on the design and implementation ofcarbon pricing and climate finance mechanisms. IETA’s market andtechnical expertise are regularly called upon to inform policies andmarket trading frameworks that result in real and verifiablegreenhouse gas emission reductions.

IETA’s VCM working group reaches over 600 industryexperts and IETA members and is specifically aimed at:

• Providing a hub to IETA members to obtain updates onrelevant voluntary carbon market activities and developments.

• Being a convening body to formulate responses to VCMconsultations.

• Providing a platform to debate and form opinions on VCMactivities and principles, thereby leveraging and strengthening theIETA brand.

Rina Cerrato, Chief Commercial Officer of Green Star, commented: “Iam delighted and excited to join the Voluntary Carbon Market WorkingGroup as Co-Chair. Working groups are at the heart of IETA's policywork, and they cover a wide range of activities related to climate andcarbon markets. As the incoming Co-Chair of the VCM working group, Ilook forward to represent Green Star and to work with IETA’s diversegroup of members on the core issues that will build resilient VCM. Theworking group reinforces IETA’s guiding principles on trust,integrity, connectivity and ambition to implement change. GreenStar’s focus on funding premium carbon offset projects in NorthAmerica that are primarily in the voluntary markets makes usparticularly aligned with the working group’s goal to providethought leadership and advocacy in the continued evolution of theVCM.”

Green Star continues to implement its mandate ofquality, scalability, longevity and integrity, as it grows itsinvestment pipeline and aims to become a quality leader in the carboncredit royalty space. To execute on its expanding pipeline, Green Staris actively evaluating capital raising opportunities through acombination of private and public markets.

CONTACT INFORMATION

For more information, please visit our website at starroyalties.com orcontact:

Alex Pernin, P.Geo. DmitryKushnir, CFA
Chief Executive Officer and Director Vice President, InvestorRelations
apernin@starroyalties.com        dkushnir@starroyalties.com
+1 647 494 5001 +1 647 494 5088

About IETA

The International Emissions Trading Association (IETA) is anon-profit business organization created in June 1999 to establish afunctional international framework for trading in greenhouse gasemission reductions. Membership includes leading internationalcompanies from across the carbon trading cycle. IETA members seek todevelop an emissions trading regime that results in real andverifiable greenhouse gas emission reductions while balancing economicefficiency with environmental integrity and social equity.

About Star Royalties Ltd.

Star Royalties Ltd. is a precious metals and carbon credit royalty andstreaming company. The Company innovated the world’s first carboncredit royalties in forestry and regenerative agriculture through itsmajority-owned, pure-green joint venture, Green Star Royalties Ltd.,and offers investors exposure to precious metals and carbon creditprices with an increasingly negative carbon footprint. The Company’sobjective is to provide wealth creation by originating accretivetransactions with superior alignment to both counterparties andshareholders.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this news release may constitute"forward-looking statements", including those regardingfuture market conditions for metals, minerals and carbon offsetcredits, future capital raising opportunities, and the future businessgrowth of Green Star Forward-looking statements are statements thataddress or discuss activities, events or developments that the Companyor Green Star expects or anticipates may occur in the future. Whenused in this news release, words such as "estimates","expects", "plans", "anticipates","will", "believes", "intends""should", "could", "may" and othersimilar terminology are intended to identify such forward-lookingstatements. Forward-looking statements are made based upon certainassumptions and other important factors that, if untrue, could causethe actual results, performances or achievements of Star Royalties andGreen Star to be materially different from future results,performances or achievements expressed or implied by such statements.Forward-looking statements should not be read as a guarantee of futureperformance or results and will not necessarily be an accurateindication of whether or not such results will be achieved.

A number of factors could cause actual results,performances or achievements to differ materially from suchforward-looking statements, including, without limitation, changes inbusiness plans and strategies, market and capital finance conditions,ongoing market disruptions caused by the Ukraine and Russian conflict,metal and mineral commodity price volatility, discrepancies betweenactual and estimated production and test results, mineral reserves andresources and metallurgical recoveries, mining operation and development risks relating to the parties whichproduce the metals and minerals Star Royalties will purchase or fromwhich it will receive royalty payments, carbon pricing and carbon taxlegislation and regulations, risks inherent to the development of theESG-related investments and the creation, marketability and sale ofcarbon offset credits by the parties, the potential value of mandatoryand voluntary carbon markets and carbon offset credits, includingcarbon offsets, risks inherent to royalty companies, title andpermitting matters, operation and development risks relating to theparties which develop, market and sell the carbon offset credits fromwhich Green Star will receive royalty payments, changes in crop yieldsand resulting financial margins regulatory restrictions, activities bygovernmental authorities (including changes in taxation), currencyfluctuations, the global, federal and provincial social and economicclimate in particular with respect to addressing and reducing globalwarming, natural disasters and global pandemics, dilution, risk inherent to any capital financing transactions,risks inherent to a possible Green Star go-public transaction, thenature of the governance rights between Star Royalties and AgnicoEagle in the operation and management of Green Star and competition.These risks, as well as others, could cause actual results and eventsto vary significantly. Accordingly, readers should exercise caution inrelying upon forward-looking statements and the Company undertakes noobligation to publicly revise them to reflect subsequent events orcircumstances, except as required by law.

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