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Vancouver, BC, Canada – October 16, 2010 – Simba Energy Inc. (the “Company”) is pleased to announce that further to its news releases of September 13 and October 5, 2010, it has now closed its private placement. The Company issued a total of 12,112,500 units at $0.08 per unit for total gross proceeds of $969,000. Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share until October 18, 2011, a price of $0.16 per share.

The Company paid a total of $14,880 in cash for finder’s fees in respect of the placement.

All securities issued under the placement are subject to hold periods expiring on February 19, 2011.

Proceeds of the placement will be used for general working capital.

On Behalf of the Board,
“Robert Dinning”, President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

October 12, 2010, Vancouver, British Columbia. Simba Energy Inc. (TSX.V: SMB), the oil and gas exploration company focused on the West African countries of Liberia, Mali and Ghana, announces the following update on its activities:

Simba is pleased to announce that the National Oil Company of Liberia (NOCAL) has issued its formal acknowledgment confirming receipt of the Company’s Application to convert its current Hydrocarbon Reconnaissance License NR-001 into a Production Sharing Agreement (PSA).

Robert Dinning, Chief Executive Officer of Simba, said, “We are pleased to reach this important milestone with the submission of our detailed Production Sharing Agreement application to the National Oil Company of Liberia (NOCAL) to convert our Hydrocarbon Reconnaissance Permit, into a Production Sharing Agreement.”

Mr. Dinning added, “We view recent interest in the area directly offshore in Liberia by Chevron, one of the world’s leading oil companies, as being very positive both for the Company and for oil and gas prospects in Liberia generally. The increased activity offshore in Liberia with Chevron acquiring three large blocks has increased the exploration activity dramatically in the area with five offshore wells planned by mid year in 2011.”

ON BEHALF OF THE BOARD “Robert Dinning”, President & CEO
For further information contact Simba Energy Inc.,
Robert Dinning,
Chief Executive Officer at 604 641 4450,
rdinning@goldstarresources.com

or:

Conduit PR (London)
Jonathan Charles +44 (0)20 7429 6611
rdinning@goldstarresources.com +44 (0)7791 892509

Vancouver, B.C., Canada – June 29, 2010 – Simba Energy Inc. (the “Company”) is pleased to announce that the Company is continuing with its active social responsibility programs in the Margibi and Bassa Counties in the Republic of Liberia.

As part of Simba Energy’s highly successful program, the Company has to date:

Renovated school structures in Marshall and Owengrove;
Renovated community pit latrines;
Renovated community hand pump wells;
Donated school furniture to Margibi and Grand Bassa Counties;
Provided instructional materials to schools in Margibi and Grand Bassa Counties.

The Simba Energy Quick Impact Assistance (QIA) program is part of the Company’s social responsibility initiatives in the health and education areas of the Liberian society. In addition to the most recent corporate social responsibility efforts, Simba Energy has also donated an assortment of medical supplies and drugs to various medical and health institutions such as the Marshall Health Center, the Charlesville Clinic in the town of Margibi and Bokay, as well as numerous clinics in Grand Bassa County.

Simba Energy President and CEO Robert Dinning commented, “Simba is extremely pleased to be in a position to continue our community engagement with the Liberian people through our ‘QIA’ program. We are honoured to partner with the Liberian government in order to bring positive enrichment to the communities in which we are present. We look forward to fostering our relationships in this regard further, and expanding our outreach with the goal of attaining the maximum positive community impact.”

The Company will continue to play an active part in the government of Liberia’s Poverty Reduction Strategies.

Simba Energy, Inc. (TSXV: SMB) (Frankfurt: GDA) is an oil and gas exploration company focused on hydrocarbon opportunities in Africa. Simba Energy has already secured a Hydrocarbon Reconnaissance Permit in Liberia which extends over an area of 1,366 sq. kms and covers the entire onshore extent of the Robert-Bassa Basin.
The Company’s shares are listed on the TSX Venture Exchange under the symbol SMB as well as the Frankfurt Stock Exchange under the symbol GDA. The Simba Energy website is also fully translated in German.

On Behalf of the Board,
“Robert Dinning”, President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335
www.simbaenergy.ca

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Vancouver, B.C., Canada – June 3, 2010 – Simba Energy Inc. (the “Company”) is pleased to announce that further to its news releases of April 14 and May 17, 2010, it has now closed its private placement. The Company issued a total of 31,222,357 units at $0.07 per unit for total gross proceeds of $2,185,565. Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share until May 31, 2012, a price of $0.15 per share.

The Company paid/issued the following in finder’s fees in respect of the placement:

• Cash payments totaling $19,619;
• 280,280 non-transferable share purchase warrants, each warrant exercisable into one common share of the Company at a price of $0.15 per share until May 31, 2012;
• 1,240,000 non-transferable share purchase warrants, each warrant exercisable into one common share of the Company at a price of $0.10 per share until May 31, 2012.

All securities issued under the placement are subject to hold periods expiring on October 1, 2010.

Proceeds of the placement will be used for general working capital.

“The completion of this private placement is a significant move forward.” said Simba CEO and President Robert Dinning. “The Company once again is showing the market that with our name change and the refocus that has come with our new management team in place, Simba Energy is pursuing an aggressive path to building shareholder value through the execution of our African targeted strategic focus.”

Simba Energy, Inc. (TSXV: SMB) (Frankfurt: GDA) is an oil and gas exploration company focused on hydrocarbon opportunities in Africa. Simba Energy has already secured a Hydrocarbon Reconnaissance Permit in Liberia which extends over an area of 1,366 sq. kms and covers the entire onshore extent of the Robert-Bassa Basin.

The Company’s shares are listed on the TSX Venture Exchange under the symbol SMB as well as the Frankfurt Stock Exchange under the symbol GDA.

On Behalf of the Board,
“Robert Dinning”, President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335
www.simbaenergy.ca

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

May 17, 2010, Vancouver, B.C., Canada – Simba Energy Inc. (the “Company”) is pleased to announce an increase of its non-brokered private placement.

Pursuant to a news release dated April 14, 2010 the Company announced, subject to the approval of the TSX Venture Exchange, a private placement of up to 14,285,715 units at $0.07 per unit (“Units”) for total gross proceeds of up to $1,000,000. Each Unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into an additional common share for a period of two years at a price of $0.15 per share. The private placement has been increased up to 28 million Units for gross proceeds of $1,960,000. The Company has received all subscriptions and intends to file and seek approval from the TSX Venture Exchange immediately.

The proceeds of the placement will be used for general working capital.

Finder’s fees may be payable in whole or part on the private placement in accordance with the policies of the TSX Venture Exchange.

Simba Energy President and CEO Robert Dinning commented, “The Company is pleased to see the level of market enthusiasm in being a part of this private placement. With our refocused and aggressive targeted strategy being received so positively by the market, the new management team at Simba Energy is looking forward to utilizing our treasury in order to build maximum shareholder value.”

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this release that are forward-looking statements, including the amount of the offering and its completion, are subject to risks and uncertainties, including those specific factors disclosed under the heading “Risk Factors” and elsewhere in the company’s periodic filings with Canadian securities regulators. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The company does not assume the obligation to update any forward-looking statement except in compliance with applicable securities laws.

Simba Energy, Inc. (TSXV: SMB) (Frankfurt: GDA) is an oil and gas exploration company focused on hydrocarbon opportunities in Africa. Simba Energy has already secured a Hydrocarbon Reconnaissance Permit in Liberia which extends over an area of 1,366 sq. kms and covers the entire onshore extent of the Robert-Bassa Basin.

The Company’s shares are listed on the TSX Venture Exchange under the symbol SMB as well as the Frankfurt Stock Exchange under the symbol GDA.

On Behalf of the Board,
“Robert Dinning”
President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335

May 11, 2010, Vancouver, B.C., Canada – Simba Energy Inc. (the “Company”) today announced that Dr. Karim Akrawi has been appointed to its board of directors.

Dr. Akrawi, who holds a PhD degree in Geo-Statistics and Exploration from London-UK and a BSc degree in Petroleum Geology from Baghdad-Iraq, is currently the managing director of Geodynamics, and is responsible for worldwide Geosciences Passive Seismic – Infra Passive Deferential Spectroscopy (IPDS) survey activities encompassing programming, developing, studies, data integration and interpretation.

For the past ten years, Dr. Akrawi has been a major Geoscientist contributor in developing the passive seismic IPDS technology for Reservoir Hydrocarbon Indication (RHI) surveys and through his direction, Geodynamics has conducted over 120 surveys in several oil basins throughout the world. Recently Dr Akrawi has conducted Passive Seismic surveys in Africa including Mali, Cameroon, Nigeria and Sudan. Dr. Akrawi has presented and published several related Passive Seismic IPDS application papers and reports and his work has contributed to the development of the Passive Seismic IPDS technology being used today.

Dr. Akrawi was Senior Reservoir Geologist with Abu Dhabi Company (ADCO) for Onshore Oil Operations from 1980 to 2008 which is currently producing 1.8 million barrels of oil per day. Dr. Akrawi has been involved in most of the exploration areas, discoveries and developed fields in UAE and other parts of the Gulf exploration area. This includes well proposals, drilling operation, supervision, geological studies, preparing conceptual field development plans, economical evaluation, feasibility studies, geological appraisal, probabilistic oil and gas reserves estimates, risk analysis, regional geology, regional exploration, as well as well databases for traded Gulf countries hydrocarbon discovery fields.

“Dr. Akrawi is a welcome addition to the Simba Energy board of directors. Dr. Akrawi is a highly respected and knowledgeable Geoscientist in the Middle East and throughout the world,” said Simba CEO and President Robert Dinning. “He brings to the Company a degree of experience that will add immeasurably to our leadership team and will be a tremendous asset to Simba Energy as we continue to guide the Company towards our key strategic targeted regions in Africa and the Middle East.”

Simba Energy, Inc. (TSXV: SMB) is an oil and gas exploration company focused on hydrocarbon opportunities in Africa. Simba Energy has already secured a Hydrocarbon Reconnaissance Permit in Liberia which extends over an area of 1,366 sq. kms and covers the entire onshore extent of the Robert-Bassa Basin.

The Company’s shares are listed on the TSX Venture Exchange under the symbol SMB as well as the Frankfurt Stock Exchange under the GDA.

On Behalf of the Board,
“Robert Dinning”
President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@simbaenergy.ca Telephone: (604) 641-4450 Facsimile: (604) 669-9335

Vancouver, B.C., Canada – April 14, 2010 – Simba Energy Inc. (the “Company”) is pleased to announce that it has arranged, subject to the approval of the TSX Venture Exchange, a private placement of up to 14,285,715 units at $0.07 per unit for total gross proceeds of up to $1,000,000. Each unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into an additional common share for a period of two years at a price of $0.15 per share.

The proceeds of the placement will be used for general working capital.

Finder’s fees may be payable in whole or part on the private placement in accordance with the policies of the TSX Venture Exchange.

On Behalf of the Board,
“Robert Dinning”, President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Vancouver, B.C., Canada – April 13, 2010 – Simba Energy Inc. (the “Company”) announces that it has closed its private placement first announced on January 25, 2010. The Company issued 5,881,571 units at $0.07 per unit for total gross proceeds of $411,710. Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share until March 18, 2012, a price of $0.15 per share. All securities issued under the placement are subject to hold periods expiring on July 19, 2010.

The Company paid $1,400 in finder’s fees in respect of the placement.

Proceeds of the placement will be used for general working capital.

On Behalf of the Board,
“Robert Dinning”, President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

April 13, 2010, Vancouver, B.C., Canada – Simba Energy Inc. (the “Company”) (TSX.V – SMB, Frankfurt – GDA) advises it has submitted its Oil Seep Survey Report for the Field Reconnaissance Work undertaken in January, 2010, to the National Oil Company of Liberia (NOCAL). In accordance with requirements in its Onshore Hydrocarbon Reconnaissance License NR-001, the Company’s report concludes as follows:

The Bassa Basin area is either deep enough for maturation of desired hydrocarbons or connected to the offshore sediments. The entire Seep Survey area can be regarded as one continuous seep, as the survey encountered multiple seeps in 9 separate localities. Also, under calm conditions such as early morning, an oil sheen is seen on all the rivers within the entire area of the seep survey.

The presence of a hydrocarbon profile and the widely reported kerosene smell indicates the bubbles seen at all seeps are not swamp gas. Additionally, in order to address concerns about fuel contamination from the Robertsport International Airport situated on the licensed area, the lab report stated that heavy hydrocarbons (C30) were present and not refined kerosene.

James Dick, Director, Geologist, and a qualified person, advises “The high volatile oil associated with the seeps is a strong indication of mature oil. The onshore basin is either deep enough to have temperature and pressure levels capable of maturation or migration has come from offshore sediments.” Mr. Dick recommends that future work be concentrated on obtaining subsurface stratigraphic data with a seismic survey program and the Company has requested approval from NOCAL that a seismic survey program be undertaken in the next phase of the reconnaissance program.

The Company is proceeding with application to convert its Onshore Hydrocarbon Reconnaissance License NR-001 into a formal Production Sharing Contract as the Company will then be positioned to either carry out the seismic on its own, or consider other options.

Management continues its stated policy to grow the Company with a strategy focused on the acquisition of other key resource assets throughout the continent of Africa and elsewhere. Simba Energy Inc. President and CEO Robert Dinning added, “I am encouraged with the efficient pace these results will bring to this potentially high impact play. Since our new strategic focus and name change in January, 2010, Simba Energy Inc. will continue to emphasize increased shareholder value throughout 2010 and beyond.”

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 51-101 and reviewed on behalf of the Company by Jim Dick, a qualified person and a Director of the Company.

On Behalf of the Board,
“Robert Dinning”, President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at: rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Vancouver B.C., Canada – February 18th, 2010 – Gold Star Resources Corp (“Gold Star”) (TSX.V – GXX) announces that it has received approval from the TSX Venture Exchange to change the Company’s name to Simba Energy Inc. The stock symbol of the Company has been changed to “SMB” and the Company’s CUSIP number has been changed to CUSIP 828572107. The corporate name change and symbol change take effect February 19, 2010. The new website of the Company will be Simbaenergy.ca

The Company is pleased to announce that its Liberia Hydrocarbon Reconnaissance Permit NR-001 in Liberia has been extended for one year effective February 8, 2010 by National Oil Company of Liberia (NOCAL). The extension of the reconnaissance permit by NOCAL provides the company additional time to continue its exploration of the permit area and develop additional data in its quest to pursue the prospect of application of a Production Sharing Contract with the National Oil Company of Liberia (NOCAL).

During the month of January, 2010, James Dick, geologist and director of the Company, supervised an exploration team that carried out an extensive Oil Seep Survey over the most prospective portion of the onshore Reconnaissance Licensed area in Liberia, West Africa. The expedition included a ground crew of twenty-five geology students from the University of Liberia who in turn traversed a 125 square kilometer area of rivers and tidal mangrove swamps, collecting and recording extensive data and samples.

At the conclusion of the oil seep search and after careful evaluation, consulting geologist James Dick stated: “The high volatile oil associated with the seeps is positive indication of mature oil. The basin is either deep enough to have temperature and pressure levels capable of maturation or migration has come from offshore sediments”.

The initial focus of the Oil Seep Survey concentrated on two areas, the Marshall City area where oil seeps have been reported for several years, and the Airport area where the Company lacked anecdotal information. The objective was to confirm the previously indicated oil seeps in the above areas and to expand the area of proven oil seeps in these two areas

The Company is pleased to report at the conclusion of its oil seep survey that oil seeps were found on all traverses (15) covering an area of about 125 square kilometers. Each sighting had numerous seeps in close proximity. Samples of water and soil were taken at each sighting and from pits offsetting seeps at the best seep in each area. Clay and sand were sealed in plastic bags and water samples were placed in sample bottles. Iridescent sheen and bubbles floating on water, bubbles from bottom in shallow water, identified the seeps and often there was kerosene smell. The hydrocarbon present is very volatile, disappears very quickly, was only seen entering fresh pits and is positive indication of mature oil.

Simba Energy Inc has assembled a senior management team comprised of seasoned individuals with esteemed careers in petroleum exploration and development, corporate finance and public company sectors. In addition to having secured the first ever on shore exploration permit in Liberia, the Company will continue its focus pursuing strategic exploration and production licenses in Africa while also pursing production assets in North America and other markets.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 51-101 and reviewed on behalf of the Company by Jim Dick, a qualified person.

On Behalf of the Board,
“Robert Dinning”
President and CEO

For further information, contact Robert Dinning, President and CEO of the Company at:
rdinning@goldstarresources.com Telephone: (604) 641-4450 Facsimile: (604) 669-9335

“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.”

WARNING: The Company relies on litigation protection for “forward looking” statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company.