News

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.

January 25, 2010 – Vancouver, BC: Gold Star Resources Corp. (the “Company”) (GXX – TSX.V) is pleased to announce that it has arranged, subject to the approval of the TSX Venture Exchange, a private placement of up to 5,000,000 units at $0.07 per unit for total gross proceeds of up to $350,000. 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.

The Company also advises that the directors have approved a change of company name to Simba Energy Inc. The change of name is subject to the acceptance 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

“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.”

Vancouver, B.C., Canada, January 12, 2010 – Gold Star Resources Corp (Gold Star), a Canadian exploration company focused on high-impact onshore opportunities in the petroleum systems of West Africa, announces the termination of its previously announced Letter of Intent with Lion Energy Corp (Lion) of Vancouver, British Columbia and Southern Star Energy Inc (Southern).

The directors of Gold Star have determined that the risk factors associated with the existing exploration commitments of Lion, , are not compatible with the strategic objectives and envisioned business model for the combined entities. Consequently, Gold Star has determined that it is in the best interests of the company’s shareholders not to extend the termination date of the Letter of Intent dated November 6, 2009 between Lion, Gold Star and Southern . The existing Letter of Intent expired by its own terms on December 31, 2009.

Gold Star will continue to explore domestic acquisition opportunities and African oil and gas concessions in keeping with its vision and plan for both North America and development in Africa.

On Behalf of the Board,
“Robert G. Dinning”
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, January 12, 2010 – The Company is pleased to announce that Mr. Robert Dinning has been appointed President and Chief Executive Officer. Mr. Dinning is a Chartered Accountant and lifetime member of the Alberta Institute of Chartered Accountants. For the past 34 years, Mr. Dinning has acted as a management and business consultant for companies in the resource and high tech industries and has served these companies as an officer and or director. Mr. Dinning also serves as a director of other public companies including director and Chairman of the Board of Paramount Gold & Silver Corp,( PZG: Amex – PZG:TO) President and CEO of Industrial Minerals Inc,(IDSM:OTC BB), Director and CFO of Apolo Gold & Energy Inc (APLL:OTC BB).

Mr. Dinning was appointed a director in August 2009 and replaces Mr. Patrick Morris as President of the Company. The Company would like to thank Mr. Morris for his contributions to the Company.

The Company also announces that it has closed its private placement previously announced on September 23, 2009. The Company issued 1,915,000 units at $0.10 per unit for total gross proceeds of $191,500. Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into an additional common share until December 31, 2011, a price of $0.20 per share. All securities issued under the placement are subject to hold periods expiring on May 1, 2010.

The Company paid $13,000 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”
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.

November 5, 2009: Lion Energy Corp. (“Lion”)(TSX-V: LEO), a Canadian exploration company focused on acquiring, exploring and developing oil and gas reserves in Central and East Africa, Southern Star Energy Inc. (“Southern”)(OTC BB:SSEY), a U.S.- based oil and gas exploration company with lease acreage properties in Louisiana, and Gold Star Resources Corp. (“Gold Star”)(TSX-V: GXX), a Canadian resource exploration company focused on the strategic acquisition and advancement of prospective oil and gas projects in West Africa, are pleased to announce that they have signed a non-binding letter of intent to complete a proposed business combination (the “Transaction”). Upon completion of the Transaction, the combined entity will be a mid-sized, well-capitalized company with domestic and international exploration operations, a seasoned management team, and a strong board of directors.

“The collaboration of Lion, Southern and Gold Star combines an excellent portfolio of diverse African exploratory opportunities and a solid platform for growth in North America. This acquisition also brings significant talent to continue adding opportunity and value for our shareholders,” said David Gibbs, President and CEO of Southern. “The combined company will be focused on the acquisition of additional strategic assets in North America so we can build a strong foundation of cash flow and stable growth opportunities. This will provide solid returns and fund and expand the combined company’s high potential exploration programs in Africa.”

The Transaction is subject to the completion of confirmatory financial and legal due diligence, definitive documentation, regulatory approvals, court approval and approval of the shareholders of each of Lion, Gold Star and Southern.

The securities offered will not be registered under the United States Securities Act of 1933, as amended (the “Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act.

Lion is a well-financed, Canadian exploration company with a vision to develop a significant presence in the developing oil and gas industry in Africa. Recently, Lion signed an agreement with Africa Oil Corp. (TSX-V: AOI) that grants Lion the right to earn an interest in five petroleum blocks located in the Republic of Kenya and in Puntland, Somalia. Lion also holds 14.76% interest in Encanto Potash Corp., a junior potash exploration company and a 20% interest in Sulphur Solutions Inc., an emerging fertilizer company developing state-of-the-art patented technology for the production of micronized sulphur fertilizer. For further information, please visit: www.lionenergycorp.com

Southern, based in Houston, Texas, owns and operates a 40% interest in approximately 5,000 acres in the Haynesville Shale Play in Northwest Louisiana. Southern’s acreage contains excellent Haynesville Shale potential, as well as a successful Cotton Valley Sandstone development project. The Bossier Shale is also indicated productive on this acreage. To date, Southern has drilled 7 successful wells into the Cotton Valley. Three exploratory wells have also been drilled and successfully encountered substantial gas-bearing sections in the Haynesville and Bossier Shales. For further information, please visit: www.ssenergyinc.com

Gold Star is a Canadian exploration company focused on high-impact onshore opportunities in the petroleum systems of West Africa., with its key strategic presence in Liberia and the Ivory Coast. For further information, please visit: www.goldstarresources.com

Lion Energy Corp. Southern Star Energy Inc. Gold Star Resources Corp.
Brian Thurston David Gibbs Robert Dinning
President and CEO President and CEO Director
Tel: 604-688-6410 Tel: 832-375-0330 Tel: 604-641-4450

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.

This news release contains certain “forward-looking statements” and “forward-looking information” under applicable securities laws, and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward looking statements include, among others, that the proposed Transaction will be completed, that the combined entity will add opportunity and value for its shareholders, that the combined entity will identify and acquire additional strategic assets in North America, that the combined entity will provide a foundation of cash flow, stable growth opportunities and solid returns and that the combined entity will expand its high potential exploration programs in Africa. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Assumptions upon which such forward-looking statements are based include that Lion, Gold Star and Southern will be able to negotiate and execute definitive transaction documentation, that the due diligence investigations by each of Lion, Gold Star and Southern will not identify any materially adverse facts or circumstances, that all required approvals will be obtained from the shareholders of each of Lion, Gold Star and Southern, that all required third party regulatory and governmental approvals to the Transaction will be obtained and all other conditions to completion of the Transaction will be satisfied or waived. It is important to note that actual outcomes and actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include: (1) the failure to complete the Transaction for whatever reason; (2) the failure to identify, acquire and develop additional exploration or production assets in North America or Africa; (3) the combined entity’s ability to raise the necessary financing for operations and to complete any acquisitions or pursue any further exploration and development opportunities; (4) the combined entity’s ability to navigate through the challenging economy while moving forward; (5) risks inherent in the oil and gas industry; (6) the number of competitors in the oil and gas industry with greater technical, financial and operations resources and personnel; (7) fluctuations and volatility in world prices and markets for oil and gas due to domestic, international, political, social, economic and environmental factors beyond the combined entity’s control; (8) the uncertainty of the requirements demanded by environmental agencies; (9) the combined entity’s ability to hire and retain qualified employees and consultants; and (10) the fact that there is no certainty that any commercial quantities of oil and gas will be found or recoverable on any of its current and future exploration targets or that any such resources will be commercially viable to produce.

Each of Lion, Gold Star and Southern undertake no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events, changes in management’s estimates or opinions or otherwise, unless so required by applicable laws or regulatory policies. For additional discussion of risks and uncertainties, readers should also refer to the annual Management’s Discussion and Analysis and other filings for each of Lion and Gold Star filed with the securities regulatory authorities in Canada and available at www.sedar.com and the annual report and other filings for Southern filed with the securities regulatory authorities in the United States and available at www.sec.gov. The reader is cautioned not to place undue reliance on forward-looking statements.