Groundstar Resources Limited announced the appointment of a new director of the company. Mr. Stephen Hughes has been appointed to the Board of Directors in addition to the Audit Committee of the Board of Directors, effective immediately. As a result of the foregoing, Murray Stodalka will be stepping down as a member of the Audit Committee but remaining on the Board of Directors.

Mr. Hughes is the Co-founder and President of Steeple Capital Partners Ltd. Prior to founding Steeple, Mr. Hughes was Vice President, Mergers and Acquisitions of Signal Hill Equity Partners.