June 13, 2013                                                                                                           

TSX-V Symbol: CTR

Mr. Arndt Roehlig reports:

Vancouver, BC: Coltstar Ventures Inc. (the “Company”) is pleased to announce the results of its Annual and Special Meeting of shareholders (the “Meeting”) for the years ended December 31, 2011 and December 31, 2012 held on Thursday June 13, 2013.

At the Meeting, the Company’s shareholders voted to:

  • Approve the numbers of Directors set at four with 100% in favor.
  • Re‐elect Arndt Roehlig with 99.3%, Fiore Aliperti with 97.31%, Jon Lever with 99.7% and Michael Sikich 98.68% in favor to serve as directors of Coltstar Ventures Inc. until the next annual meeting of shareholders;
  • Appoint Davidson & Company, Chartered Accountants, as auditors of the Corporation until the next annual meeting of shareholders with 100% in favor; and,
  • Approve the consolidation of the common shares of the Company on a one (1) share for every five (5) shares issued basis as set out in the Company’s information circular sent out to the Company’s shareholders with 95.98% in favor.

A total of 5,018,667 shares voted (16.64%) out of a total of 30,160,067 issued.

On behalf of the Board of Directors:

/s/ “Arndt Roehlig”

Chief Executive Officer, President and Director

For further information please contact:

Arndt Roehlig,

Telephone: (604) 569-1236