Bruce Mitchell Files Early Warning Report for Purchase of Globestar Mining Shares

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Bruce Mitchell purchases 1,582,700 shares of Globestar Mining Corp.

Bruce Mitchell (“Securityholder”) has filed an early warning report dated October 28, 2010 advising of the purchase of 1,582,700 shares representing approximately 1.5% of the outstanding shares of Globestar Mining Corp. (“Globestar”). The Securityholder has filed this report as a result of an increase in its holdings in Globestar from 9,429,391 (approximately 8.94%) to 11,012,091 (approximately 10.44%) of the issued and outstanding shares of Globestar.

The Securityholder has purchased the shares of Globestar for investment purposes and may from time to time acquire additional shares of Globestar either on the open market or through private acquisitions or sell shares of Globestar either on the open market or through private dispositions. This news release is being issued under the early warning provisions of Canadian provincial securities legislation.

For further information, please contact: Sean McPherson at 403-265-6540 or info(at)aiun(dot)ca

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Sean McPherson

4032656540
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