TUCSON, AZ / ACCESSWIRE / February 11, 2016 / International Star, Inc. (OTC: ILST), developer of the Van Deemen Gold project in Northwest Arizona, is pleased to update shareholders as it moves towards completion of its 506 (C) Private Placement ( the "Offering").

The Company is in the midst of numerous discussions/negotiations with potential investors in its 506C. In today's market, the Company does not dictate the terms of capital raising. As such, as we continue to market the Offering, the terms have changed. In fact, we are on our fourth and last iteration of the Private Placement Memorandum and accompanying Exhibits which is 250+ pages and each change needs to be reviewed by our SEC legal counsel.

The terms that are being offered are as follows:

- Amount: Up to $10 million

- Minimum Subscription: $100,000

- Interest: 10% p.a.

- Maturity: 50% Principal Repayment in 42 months. Remaining Principal Repayment in 54 months.

- Incentive Payment: In the event, the average price of gold, as determined by the London Metals Exchange ("LME"), meet or exceed a minimum of $1,200 per troy ounce during a production year, Note Holders will receive from Company, a cash payment ("Gold Payment") dependent on the amount of notes held by each individual investor.

As previously noted, we have a cornerstone investor willing to invest up to $1 million, but is contingent upon commitments from other investors.

This is an enormous undertaking and shareholders and potential investors can see the current Private Placement Memorandum, in its entirety, on our website under the investor menu tab (http://www.ilstholdings.com/investors/private-placement.html).

An escrow account has been set up to receive subscriptions and as funds are received, the Company will provide updates.

Lastly, the Company is in negotiations to participate in a near term mining project, capable of coming on-line within 6 months.

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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