Article: Polar Star Receives $975,000 From Warrants Exercised Early

TORONTO, ONTARIO--(Marketwire - April 10, 2008) - Polar Star Mining Corporation ("Polar Star" or the "Company") (TSX VENTURE:POS)(PINK SHEETS:POSRF) announces the early exercise of 1,000,000 warrants priced at $0.65 per warrant with a June, 2008 expiry date and 325,000 warrants priced at $1.00 with a February, 2009 expiry date.

The $975,000 in proceeds received from these warrants will be used to advance the Company's exploration activities in Chile and for general working capital purposes.

Polar Star also announces that it has filed its audited financial statements and Management Discussion & Analysis (MD&A) for the year ended December 31, 2007. Polar Star's annual filings can be found at ...

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