Novastar Resources Initiates Government Lobbying Effort

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Novastar Resources Initiates Government Lobbying Effort

NEW YORK, NEW YORK, Jun. 23 -/E-Wire/Business Wire/-- Novastar Resources Ltd., a significant global supplier of Thorium and related rare earth compounds, has announced plans to initiate a strategic lobbying campaign to educate United States government officials about the significant social, environmental and energy benefits of Thorium utilization. In recent weeks, Novastar executives have presented to several Congressman in Washington, DC. Additional meetings with key U.S. Representatives have been scheduled.

Lobbying efforts are essential to successfully positioning Novastar Resources, because raising public awareness is crucial in realizing the environmental and social benefits of Thorium compounds in the United States. The Company's strategy to position itself as a major global supplier of Thorium compounds will come as a result of the awareness of Thorium's numerous advantages. Additionally, Novastar Resources is actively seeking alliances with leading government relations firms in an effort to more effectively lobby to the United States Congress and other government officials.

"The benefits of Thorium use, as an alternative energy, are obvious, although the United States public remains largely unaware of Thorium as a potential alternative to Uranium based fuels," said Paul Carter, CEO, Novastar Resources. "Our company believes that successfully lobbying the United States government can facilitate U.S. awareness, support and ultimately, demand for Thorium, as we continue to both develop the Australian property and consider new acquisitions."

The Thorium-Cycle can effectively and efficiently power electricity generating nuclear reactors, while greatly limiting the production of weapons grade Plutonium (Pu 239) along with other toxic transuranic waste bi-products. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of nuclear energy.

About Novastar Resources

Novastar Resources, Ltd., is a global supplier of commercial grade Thorium compounds and rare earth elements. Thorium is a naturally occurring nuclear energy source more efficient and far less radioactive than Uranium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.

Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

Novastar Resources Ltd.

Harrison Wise [REDACTED-EMAIL]

Tim Clemensen [REDACTED-EMAIL]

http://www.novastarresources.com

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