GRE Greenstar Agricultural Corp

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED
STATES NEWS DISTRIBUTION


GreenStar Agricultural Corporation (TSX VENTURE:GRE) ("GreenStar" or the
"Corporation"), a producer of canned tomato paste, canned peaches, mandarin
oranges and grapes, and a supplier of fresh mandarin oranges, young bamboo
shoots and mature bamboo, today announced that it will proceed with a
non-brokered private placement of up to 7,058,823 units of Green Star (the
"Units") at $0.85 per Unit to raise gross proceeds not exceeding $6,000,000.
Each Unit will be comprised of one common share and one common share purchase
warrant (a "Warrant"). Each Warrant is exercisable into one additional common
share at $1.15 per share for a period of 24 months from the closing date. 


Proceeds from the private placement will be used for expansion of the Pucheng
tomato paste processing operations to accommodate the expected increased tomato
pulp supply from the proposed acquisition of Bayannur City Beichen Tomato
Products Co., Ltd., an Inner Mongolia based tomato pulp producer and for general
corporate purposes. 


In connection with this placement, Green Star will pay a finder's fee equal to
8% of gross proceeds raised by the finder, and will issue finder's options to
purchase Units equal to 8% of Units sold to investors introduced by the finder,
exercisable at $0.85 per Unit for a period of 24 months from the closing date. 


The completion of the private placement is subject to a number of conditions,
including, but not limited to, approval of the TSX Venture Exchange. There can
be no assurance that the private placement will be completed as proposed, or at
all, and trading in the GreenStar's securities should be considered highly
speculative. 


Subject to the receipt of the conditional approval of the TSX Venture Exchange,
the first tranche closing is expected on or about January 6, 2014.  


All currency references are in Canadian dollars. 

This news release is not for distribution to United States newswire services or
for dissemination in the United States. The securities offered have not been
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold in the United States absent registration or an applicable
exemption from registration requirements.


About GreenStar Agricultural Corporation 

GreenStar operates two main divisions, agricultural and food processing. The
agricultural division is involved in the cultivation and harvesting of
agricultural products such as fresh fruit and vegetables, for sale either
directly as fresh fruit and vegetables or canned, and sold overseas and
domestically. The food processing division is primarily involved in the
processing of canned food, which includes canned tomato paste, canned boiled
bamboo shoots, canned oranges, canned peaches and various other types of fruits
and vegetables. 


GreenStar has been operating for over 19 years. Through the application of
science and technology in production, quality control and assurance, and
business operations and management, GreenStar has focused on maintaining product
and reputational excellence with a high standard of food quality. Key assets
include a well established management team, modern production facilities, and a
close partnership with local farmers. 


GreenStar Agricultural Corp. is listed on the TSX Venture Exchange under the
symbol "GRE". 


For further information on GreenStar please visit our web site at
www.greenstaragricultural.com.


Neither the 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 news release.


Caution Regarding Forward-Looking Information:

Certain statements in this press release may constitute ''forward looking''
statements which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the
Corporation to be materially different from any future results, performance or
achievements expressed or implied by such forward looking statements. When used
in this press release, such statements may use such words as ''may'', ''will'',
''expect'', ''believe'', ''plan'' and other similar terminology. These
statements reflect management's current expectations regarding future events and
operating performance and speak only as of the date of this press release.
Forward looking information in this press release includes the statement that
the Company may complete the private placement, the terms of the private
placement, anticipated timing for closing, the expected completion of
acquisition of Beichen, the expected increase of tomato pulp supply and expected
increase of production capacity and the expected use of proceeds. These forward
looking statements involve a number of risks and uncertainties. Some of the
factors that could cause actual results to differ materially from those
expressed in or underlying such forward looking statements are risk of
regulatory approval not being obtained, changes in: international, national and
local business and economic conditions; political or economic instability in the
Corporation's markets; competition; legislation and governmental regulation; and
accounting policies and practices. The foregoing list of factors is not
exhaustive. Please see the Corporation's annual MD&A dated April 25, 2013,
available on www.sedar.com, for a more detailed description of the risk factors.
The Corporation undertakes no obligation to update publicly or revise any
forward looking information, whether a result of new information, future results
or otherwise, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
GreenStar Agricultural Corporation
Robert Macdonald
(416) 849 3858
rgam36@gmail.com
www.greenstaragricultural.com


Investor Cubed Inc.:
(647) 258-3311 or (888) 258-3323
info@investor3.ca

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