09:02 AM EDT, 10/24/2025 (MT Newswires) -- Blue Star Gold ( BAUFF ) said Friday it has issued the third and final tranche of shares owed under a renewal agreement with director and controlling shareholder Georg Pollert, related to a loan totaling $2.5 million, comprising $2.4 million in principal and $101,892.40 in accrued interest.

The company issued 98,452 common shares at $0.37 apiece. The three-year loan bears interest at 3% per annum.

Blue Star Gold ( BAUFF ) also agreed to issue 295,354 shares to Pollert as a loan bonus payable in three tranches. It completed the first issuance of 98,451 shares on Oct. 25, 2023, and the second issuance of 98,451 shares on Oct. 25, 2024.

Shares of the company closed down 4.8% to $0.20 Thursday on the TSX Venture Exchange.