LAS VEGAS, NV / ACCESSWIRE / November 16, 2015 / International Star, Inc. (OTC:ILST), developer of the Van Deemen Gold project in Northwest Arizona, announced today that it amended terms of its $1,000,000 USD non-brokered private placement offering.

Given the volatility in the Company's stock price, Management has made the decision to eliminate the offer of restricted shares. The Amended 506 (C) Private Placement (the "Offering") now is offering a Series B Preferred Stock, structured as a bond with a very attractive interest rate, and a maturity date of five (5) years. Interest will be accrued and payment will commence after the first year of production.

The change in the securities offered eliminates the volatility of ILST's common stock for potential investors and alleviates any pressure that may occur when the restricted period ends.

Michael Shea, CEO stated, "I firmly believe this is the right move, is more attractive to accredited investors, and remains friendly for shareholders."

The Company intends to use the proceeds from the Offering for SEC compliant Guide 7 Technical Report, permitting, audited financials/Form 10 and general working capital.

Shea continued, "This past weekend marked the official kickoff of the Private Placement as I presented the opportunity to several accredited investors at our Las Vegas event. Many of these investors were especially knowledgeable about the mining industry. I will be spending all day today with these investors at the actual Van Deemen site. I am confident that I will be making announcements very shortly about specific funding amounts. This is a very exciting time for the Company as we make real progress toward bringing the Van Deemen mine online."

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About International Star: (www.ilstholdings.com)

International Star is a mining Company with claims in the Black Mountains of NW Arizona. Its primary focus is to bring the Van Deemen gold project into production thereby generating cash flow to enable growth and sustainability.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.

CONTACT:

Michael Shea
International Star, Inc.
Phone: (203) 210-5614
Email: Mshea@ilstholdings.com
www.ilstholdings.com

SOURCE: International Star, Inc.

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