Megastar Development Amends Option Agreements on Epithermal Au-Ag Projects in Oaxaca, Mexico

Megastar

Vancouver, BC, Canada, August 19, 2020 – Megastar Development Corp. (“Megastar”, or the “Company”) (TSX-V: MDV; Frankfurt: M5QN; OTC: MSTXF) announces that it has amended the option agreements whereby the Company may acquire a 100% undivided interest in the Rama de Oro, Magdalena and Yautepec projects (the “Projects”), located in the state of Oaxaca, Mexico, by extending the due dates for the exploration expenditures on each Project.

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