CHICAGO, December 19, 2005 (MARKETWIRE) – (Other OTC: AMRS.PK) American Stellar Energy, Inc. is pleased to announce that it has completed its 10KSB financial statement for the fiscal year ending December 31, 2004 and will continue to aggressively work to complete the balance of the statements necessary to become compliant. Once compliant, we will pursue reinstatement to the OTC:BB. We strongly encourage you to visit the Website at and review the information.

About American Stellar Energy, Inc. American Stellar Energy, Inc. is a precious metals exploration and development company with existing production. It is management’s objective to become a significant gold and precious metals producer by increasing our current production at La Currita and developing the San Miguel and La Millionaria projects in Mexico, and by acquiring other advanced-stage projects and/or producing mines in one of the most prolific precious metal districts in the world. For more information, please visit the Company’s web site at: www.americanstellarenergy.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission.