GRE Greenstar Agricultural Corp

GreenStar Agricultural Corporation, (TSX VENTURE:GRE) ("GreenStar" or the
"Corporation") is pleased to provide an update on its recent acquisition of
Bayannur City Beichen Tomato Products Co., Ltd., an Inner Mongolia based tomato
pulp producing company ("Beichen"), and the status of negotiations for the
acquisition of a Canadian food products distributor operating in North America.


Beichen Acquisition: GreenStar successfully completed the acquisition of Beichen
in January of 2014. Subsequent to closing the acquisition, GreenStar has entered
into a one year lease for 5,930 acres of land close to the Beichen tomato pulp
processing facility. These lands will be used to grow fresh tomatoes, and will
be planted in April so that harvesting can commence in August of this year. The
harvested tomatoes are expected to provide the additional raw material required
for Beichen to increase its tomato pulp production volume. Beichen currently
produces 20,000 tonnes of tomato pulp. The leased land could yield up to 30,000
tonnes of tomato pulp per harvesting season... The price of tomato pulp has
risen by approximately 40% between 2013 and 2014 and is currently approximately
CDN$1,165 per tonne. By securing its' own supply of raw tomatoes for its tomato
pulp processing facility GreenStar is attempting ensure its ability to meet the
growing demand for its tomato based products. Utilizing its own raw tomatoes
will reduce the input costs of raw materials that Beichen uses in the
manufacturing of tomato pulp. Beichen will continue to purchase additional raw
tomatoes from other local producers.


Negotiations with Canadian Distributor: GreenStar continues its negotiation for
the acquisition of a Canadian food distributor, as discussed in its news release
dated December 16, 2013. The Corporation's objective is to proceed to the
execution of a mutually acceptable Letter of Intent, after all information about
the target company has been received, including but not limited to the audited
financial statements for the fiscal year ended December 31, 2013. 


GreenStar will continue to provide updates on this transaction as events warrant.

About GreenStar Agricultural Corporation 

GreenStar operates two main divisions, agricultural and food processing. The
agricultural division is involved in the cultivation and harvesting of
agricultural products such as fresh fruit and vegetables, for sale either
directly as fresh fruit and vegetables or canned, and sold overseas and
domestically. The food processing division is primarily involved in the
processing of canned food, which includes canned tomato paste, canned boiled
bamboo shoots, canned oranges, canned peaches and various other types of fruits
and vegetables. 


GreenStar has been operating for over 19 years. Through the application of
science and technology in production, quality control and assurance, and
business operations and management, GreenStar has focused on maintaining product
and reputational excellence with a high standard of food quality. Key assets
include a well established management team, modern production facilities, and a
close partnership with local farmers.


GreenStar Agricultural Corp. is listed on the TSX Venture Exchange under the
symbol "GRE".


For further information on GreenStar please visit our web site at
www.greenstaragricultural.com. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.


Caution Regarding Forward-Looking Information:

Certain statements in this press release may constitute ''forward looking''
statements which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the
Corporation to be materially different from any future results, performance or
achievements expressed or implied by such forward looking statements. When used
in this press release, such statements may use such words as ''may'', ''will'',
''expect'', ''believe'', ''plan'' and other similar terminology. These
statements reflect management's current expectations regarding future events and
operating performance and speak only as of the date of this press release.
Forward looking information in this press release includes management's plan to
grow tomatoes on the new leased lands and timing for the planning and
harvesting, management's expectation on increasing its tomato pulp production
volume, management's expectation on its ability to meet the growing domestic and
world-wide demand for tomato based food products, management's expectation on
significantly reducing the input costs of raw materials for Beichen and for
GreenStar's Pucheng tomato paste processing plant, management's plan to continue
to purchase additional raw tomatoes from local farmers, management's expectation
on the execution of a Letter of Intent with the Canadian food distributor, and
management's plan to continue to provide timely updates on both transactions.
These forward looking statements involve a number of risks and uncertainties.
Some of the factors that could cause actual results to differ materially from
those expressed in or underlying such forward looking statements are the effects
of, as well as changes in: international, national and local business and
economic conditions; political or economic instability in the Corporation's
markets; competition; legislation and governmental regulation; and accounting
policies and practices. The foregoing list of factors is not exhaustive. Please
see the Corporation's annual MD&A dated April 25, 2013, available on
www.sedar.com, for a more detailed description of the risk factors. The
Corporation undertakes no obligation to update publicly or revise any forward
looking information, whether a result of new information, future results or
otherwise, except as required by law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
GreenStar Agricultural Corporation
Robert Macdonald
(416) 849 3858
rgam36@gmail.com


Investor Cubed Inc.:
(647) 258-3311
(888) 258-3323
info@investor3.ca
www.greenstaragricultural.com

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