ProStar Holdings Announces Non-Brokered Private Placement

Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of C$0.22 per Common Share for a period of 36 months from the closing date of the Offering, provided that if the closing price of the Common Shares on any Canadian stock exchange on which the Common Shares are then listed is at a price equal to or greater than Cdn$0.30 for a period of ten (10) consecutive trading days, the Company will have the right to accelerate the expiry date of the Warrants by issuing a press release or other form of notice permitted by the certificate representing the Warrants, announcing that the Warrants will expire at 4:30 p.m. (Vancouver time) on a date that is not less than 30 days from the date notice is given.The Company will use the proceeds of the Offering for sales, marketing, and working capital requirements.Directors and officers of ProStar and shareholders owning more than 10% of the Common Shares may participate in the Offering for a yet to be determined amount. ProStars flagship product, PointMan\xae, is designed to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets both above and below the Earths surface.ProStars PointMan\xae is offered as a Software as a Service (SaaS) and seamlessly connects the field with the office and provides the ability to precisely capture, record, display, and manage critical infrastructure, including pipelines, and utilities. ProStar has strategic business partnerships with the worlds leading geospatial technology providers, data collection equipment manufacturers, and dealer networks.The Company has made a significant investment in creating a vast intellectual property portfolio that includes several issued patents in the United States and Canada. The patents protect the methods and systems to digitally capture, record, organize, manage, distribute, and display the precise location of critical infrastructure, including buried utilities and pipelines. ProStars Executive management team has extensive experience in the management of both early-stage and Fortune 500 technology companies in the private and public sectors.For more information about ProStar, please visit .On behalf of the Company,Page Tucker on sales / corporate news releases, CEO and DirectorContact:Joel SutherlandInvestor Relations970-822-4792Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of this release.This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws.