As reported on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on June 15, 2020, on June 8, 2020, Star Gold Corp. (“Star Gold” or the “Company”) notified all of its Warrant holders that the Company was re-pricing, for a limited time, all issued and outstanding Common Stock Warrants, of the Company, to an Exercise Price of $.045 per share.

On August 31, 2020, as was reported on Form 8-K/A filed with the SEC on September 8, 2020, the Company extended the expiration date of the repricing of its Common Stock Warrants from August 31, 2020 to September 11, 2020. On September 11, 2020 the Company again extended the expiration date of the repricing of its Common Stock Warrants from September 11, 2020 to September 30, 2020. At 5:00 pm Pacific Time on September 30, 2020, all remaining unexercised Common Stock Warrants of the Company will revert to their respective exercise prices.

About STAR GOLD CORP. (OTCMKTS:SRGZ)

Star Gold Corp. (Star Gold) is an exploration stage company, with no producing mines, engaged in the acquisition and exploration of precious metal deposit properties and advancing them toward production. The Company is engaged in the business of exploring, evaluating and acquiring mineral prospects with the potential for economic deposits of precious and base metals. It leases with an option to acquire unpatented mining claims located in the State of Nevada and known as the Longstreet Property. The Longstreet Property consists of 125 mineral claims, as well as 50 staked claims by Star Gold, covering a total area of approximately 2,500 acres. The Longstreet property is at an intermediate stage of exploration. It owns the rights to acquire up to a 100% mining interest in a mineral property located in the State of Nevada known as the Excalibur Property. The Company is engaged in preliminary exploration activities and surface testing of the Jet property.