NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION THROUGH U.S.
NEWSWIRE SERVICES


Raystar Capital Ltd. (TSX VENTURE:RYA.H) ("Raystar" or the "Company") announces
that further to the Company's news release dated June 21, 2013 regarding the
purchase of the Point Leamington Zn-Au-Ag-Cu Project (the "Project") in
Newfoundland, Raystar has amended the terms of the concurrent non-brokered
private placement (the "Private Placement") of 23,333,334 units (the "Units") at
a price of $0.15 per Unit for gross proceeds of $3,500,000. Each Unit will now
consist of one common share and one transferable share purchase warrant (the
"Warrants"). Each Warrant is exercisable for a period of two years at a price of
$0.30. There is no finder's fee payable in connection with the Private
Placement.


All securities issued in the Private Placement will be subject to a statutory
hold period expiring four months and one day after closing of the Private
Placement. Completion of the Private Placement is subject to a number of
conditions, including, without limitation, receipt of all regulatory approvals,
including approval of the Exchange.


The Company intends to use the proceeds of the Private Placement to advance the
Point Leamington Project, for general working capital, and for future asset
acquisitions.


Upon completion of the Transaction and the Private Placement, Raystar will have
50,190,374 common shares issued and outstanding and a working capital position
of approximately $4,000,000.


None of the securities sold in connection with the Private Placement will be
registered under the U.S. Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable
exemption from the registration requirements. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.


The purchase of the Project (the "Transaction") will form the basis for the
Company's reactivation from the NEX board of the TSX Venture Exchange (the
"Exchange") to Tier 2 on the Exchange. Completion of the Transaction is subject
to a number of conditions, including, without limitation, completion of the
Private Placement (as defined above) and receipt of all regulatory approvals,
including approval of the Exchange.


ON BEHALF OF THE BOARD

Edward Farrauto, President, Chief Executive Officer and Chief Financial Officer

Neither 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 release.


Completion of the Transaction is subject to a number of conditions including
Exchange acceptance. There can be no assurance that the Transaction will be
completed as proposed or at all. Investors are cautioned that any information
released or received with respect to the Transaction may not be accurate or
complete and should not be relied upon. Trading in the securities of Raystar
Capital Ltd. should be considered highly speculative.


The TSX Venture Exchange has in no way passed upon the merits of the proposed
Transaction and has neither approved nor disapproved the contents of this press
release.


Forward Looking Statements

Certain statements herein may contain forward-looking statements and
forward-looking information within the meaning of applicable securities laws.
Forward-looking statements or information appear in a number of places and can
be identified by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate" or "believes" or variations of
such words and phrases or statements that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements and information include statements regarding the
Transaction, the Private Placement, the timing of exploration programs and
filing of technical reports and the Company's exploration plans and exploration
results with respect to the Project. With respect to forward looking statements
and information contained herein, we have made numerous assumptions, including
assumptions about mineral prices, cut-off grades, metallurgical recoveries,
operating and other costs and technical assumptions used in the estimate. Such
forward-looking statements and information are subject to risks, uncertainties
and other factors which may cause the Company's actual results, performance or
achievements, or industry results, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statement or information. Such risks include discrepancies
between actual and estimated mineral resources, subjectivity of estimating
mineral resources and the reliance on available data and assumptions and
judgments used in the interpretation of such data, speculative and uncertain
nature of gold exploration, exploration costs, capital requirements and the
ability to obtain financing, volatility of global and local economic climate,
share price volatility, estimate gold price volatility, changes in equity
markets, increases in costs, exchange rate fluctuations and other risks involved
in the mineral exploration industry. There can be no assurance that a
forward-looking statement or information referenced herein will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements or information. Also, many of the factors are
beyond the control of the Company. We undertake no obligation to reissue or
update any forward-looking statements or information except as required by law.
All forward-looking statements and information herein are qualified by this
cautionary statement.


Neither 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 release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Raystar Capital Ltd.
Edward Farrauto, President,
Chief Executive Officer and Chief Financial Officer
604-687-3992
efarrauto@bayridgecapital.com

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