Star Royalties Reports Q1 2022 Financial Results May 30, 2022 – TheNewswire - TORONTO, ON – Star Royalties Ltd. (“ Star Royalties ”, or the “ Company ”) (TSXV:STRR ) , ( OTC:STRFF) is pleased to report its financial results for the quarter ended March 31, 2022. All amounts are in U.S. dollars unless otherwise indicated. Alex Pernin, Chief Executive Officer of Star Royalties, commented: “During the first quarter of 2022, Elk Gold Mine commenced production, while our Keysbrook royalty continued to outperform and exceed our cash flow expectations. We announced a strategic investment from Agnico Eagle, a gold mining giant and a global ESG leader, into our pure-green subsidiary, Green Star. This allowed us to immediately pursue a fourfold expansion of our flagship regenerative agriculture royalty in partnership with Bluesource, North America’s largest and most reputable carbon offset developer and marketer. We look forward to continuing the momentum into what should be a catalyst-full 2022. ” Q1 2022 Corporate and Financial Highlights Quarterly revenue increased 47% over the prior-year period Elk Gold Mine commenced ore production and delivery to New Gold’s New Afton processing plant Green Star expanded its existing carbon offset credit royalty on the Elizabeth Metis Settlement Forest Green Star acquired a royalty on diesel displacement company, MOBISMART Star Royalties announced a strategic investment by Agnico Eagle into Green Star Summary of Q1 2022 Financial Result s Quarter ended Quarter ended March 31, 2022 March 31, 2021 Revenue $ 215,361 $ 146,072 Net loss Basic and diluted loss per share (706,393) (0.