VANCOUVER, BRITISH COLUMBIA--(Marketwire -07/11/12)- Eagle Star Minerals Corp. (EGE.V)(ELGSF)(E6R.F) ("Eagle Star" or "the Company") is pleased to announce that the appointment of Mr. Gustavo Dalla Valle Baptista de Silva to its board of Directors has been approved at its AGM held on July 6th, 2012
The newly appointed Director - Mr. Gustavo Dalla Valle Baptista de Silva has obtained his bachelor's degree in Law studies from the Pontifical Catholic University of Sao Paulo (PUC / SP). He then moved on to obtain his masters' degree in Tax and Corporate law from the Institute for Education and Research (INSPER) in Sao Paulo. Mr. Baptista de Silva is a senior partner at Leite de Barros Zanin Law firm in Sao Paulo and is heading its Tax department. He also serves as Assistant Professor in Tax Law at the Pontifical Catholic University of Sao Paulo and is a member of the Special Committee on Tax at the Bar Association of Brazil - Sao Paulo.
Over the past two years, Mr. Baptista de Silva provided Eagle Star with valuable legal advice that helped the company reshape its operations in Brazil and ultimately pursue new business opportunities. As a Director of Eagle Star, Mr. Baptista de Silva is expected to continue with his contribution to the company by way of advising management and board on matters concerning the Brazilian entity such as taxation, corporate law and business development.
Also at the AGM, Eran Friedlander was re-elected as President and CEO of the company and the number of directors was set at five with nominees including (in addition to Mr. Baptista de Silva) Eran Friedlander, Joseph Bauer, Jill Leversage, Jose Eloi Guimaraes Campos who were all elected to return as directors for the ensuing year in addition to Mr. de Silva.
About the Company
Eagle Star Minerals Corp. is a publicly listed company focused on the acquisition, exploration and development of agro-mineral properties in Brazil. Over the past two years, Eagle Star Minerals has strategically grown its' presence in Brazil and continues to focus on maximizing shareholder value by acquiring assets located in geological areas known for proven phosphate mineralization, coupled with good logistics in close proximity to agriculture.
The Company's shares are publicly traded on the TSX Venture Exchange under the symbol EGE, on the OTC Pink Sheets under the symbol ELGSF and on Frankfurt Stock Exchange under the symbol E6R.
On behalf of the Board of Directors
EAGLE STAR MINERALS CORP.
Eran Friedlander, President
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