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Megastar Development Corp.: Megastar's Board of Directors Approves Name Change of The Company to Madoro Metals and Names Brian Ostroff as Executive Chair


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VANCOUVER , BC / ACCESSWIRE / January 21, 2021 / Megastar Development Corp. ( Megastar , or the Company ) (TSXV:MDV)(Frankfurt:M5QN)(OTC PINK:MSTXF) announces that its Board of Directors (the Board ) has approved a name change to Madoro Metals Corp., subject to approval from the TSX Venture Exchange. Management believes the new name better reflects the focus of the Company as a Mexican-centric explorer, pursuing opportunities around the Sierra Madre de Oaxaca ( Mad ) for precious metals ( oro ) exploration.
The Company is also pleased to announce that Brian Ostroff has been named Executive Chair of the Board following his appointment as Director at Megastar s recent AGM. Mr. Ostroff graduated from the University of Toronto (1986) before beginning his career in finance. Through his career, Mr. Ostroff has held positions in many areas of the capital markets industry including sales, M&A advisory and proprietary trading. In 2009, Mr. Ostroff joined Windermere Capital as ....

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