03:07:28 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Weststar Resources Corp (3)
Symbol WER
Shares Issued 27,740,042
Close 2014-12-19 C$ 0.025
Market Cap C$ 693,501
Recent Sedar Documents

Weststar receives TSX-V OK for shares-for-debt deal

2014-12-22 18:20 ET - News Release

Mr. Will Rascan reports

WESTSTAR RESOURCES RECEIVES APPROVAL ON DEBT SETTLEMENT TRANSACTION

Weststar Resources Corp., further to its news release dated Dec. 16, 2014, has received TSX Venture Exchange approval on its debt settlement transaction.

The company has issued an aggregate of 236,944 common shares at a deemed price of five cents per share in order to settle indebtedness of $19,777.20 with certain arm's-length parties. The company determined to satisfy this outstanding indebtedness with shares in order to preserve its cash for operations.

All shares issued pursuant to the transaction are subject to four-month-and-one-day hold period.

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