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Enter Symbol
or Name
USA
CA



Weststar Resources Corp (2)
Symbol WER
Shares Issued 38,700,092
Close 2014-05-05 C$ 0.035
Market Cap C$ 1,354,503
Recent Sedar Documents

ORIGINAL: Weststar signs NDA with private B.C. company

2014-05-06 08:10 ET - News Release

Received by email:

File: Microsoft Word - 2014_05_06 WER NR Signs NDA with PrivCo(FINAL).docx.pdf

                                                  1656 Scarborough Crescent
                                                 Port Coquitlam, B.C. V3C 2R1
                                                  Telephone: (604) 805-2256



               WESTSTAR ADVANCES DUE DILIGENCE, SIGNS NDA

Vancouver,
   BC
   �
   May
   6,
   2014:
   Weststar
   Resources
   Corp.
   (TSX-V:
   WER)
   (the
   "Company"
   or
  
"Weststar")
  is
  pleased
  to
  announce
  that
  it
  has
  signed
  a
  Non-Disclosure
   Agreement
  (the
  "NDA")
  
with
   a
  BC
  Private
  Company
   ("PrivCo")
   and,
   in
  return,
  has
   received
  
  a
   comprehensive
   business
  
plan
   containing
   the
   pertinent
   details
   encompassing
   the
   electronic
   cigarette
   "e-Cigarette"
   and
  
medicinal
  marijuana
  related
  business
  assets
  

  
Privco's
  "seed-to-sale"
   business
   is
   located
   within
   a
   secured,
   full-serviced,
   industrial-
zoned
  facility
  in
  the
  BC
  Lower
  Mainland.
  The
  industrial
  premise
  itself
  is
  comprised
  of
  a
  55,000
  
square-foot
  building
  situated
  on
   3.5
   acres.
  
  
  The
  facility
  contains
   the
   necessary
   infrastructure
  
required
  to
  support
  Health
  Canada's
  MMPR
  commercial
  production
  requirements.
  

  
Will
  Rascan,
   President/CEO
   of
   Weststar
   states:
   "The
  signing
   of
   the
   NDA
   prohibits
   Weststar
   at
  
this
  time
  from
  divulging
  specifics
  of
  the
  business
  relating
  to
  the
  scope
  and
  breadth
  of
  Privco's
  
reach
  within
  this
  new
  and
  exciting
  marijuana
  space,
  however,
  we
  are
  very
  enthusiastic
  for
  this
  
potential
  opportunity
  for
  our
  shareholders
  and
  continue
  our
  detailed
  due-diligence."
  

  
No
   agreement
   in
   principle
   has
   been
   entered
   into
   with
   any
   parties
   and
   there
   is
   no
   assurance
  
that
   the
   Company
   will
   acquire
   any
  electronic
   vapor
   cigarette
   "e-Cigarette"
   or
   commercial
  
MMPR
   medicinal
   marijuana-related
   assets.
   Weststar
   cautions
   investors
   to
   carefully
   consider
  
the
   risk
   of
   investing
   in
   the
   shares
   of
   the
   Company
   prior
   to
   the
   announcement
   of
   such
   a
  
transaction.
  
  
  

  
For
   further
   info
   on
   the
   Company
   please
   visit
   www.weststarresources.com
   or
   email
  
info@weststarresources.com.
  
  

  
On
  Behalf
  of
  the
  Board
  

  
Will
  Rascan,
  President/CEO
  
Weststar
  Resources
  Corp.
  
(604)
  805-2256
  

  
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 release.
 This press release contains forward-looking statements about Weststar Resources Corp. Forward-looking statements are
statements that are not historical facts. The forward-looking statements in this press release are subject to various 
--->risks,
uncertainties and other factors that could cause the resulting issuer's actual results or achievements to differ mater
--->ially from
those expressed in or implied by forward-looking statements. These risks, uncertainties and other factors include, wit
--->hout
limitation, uncertainty as to resulting issuer's ability to achieve the goals and satisfy the assumptions of managemen
--->t general
economic factors and other factors that may be beyond the control of the parties. Forward-looking statements are based
---> on the
beliefs, opinions and expectations of the management of Weststar Resources Corp. at the time they are made, and Westst
--->ar
Resources Corp. does not assume any obligation to update its forward-looking statements if those beliefs, opinions or
expectations, or other circumstances, should change.
 

File: 2014_05_06 WER NR Signs NDA with PrivCo (FINAL).docx

WESTSTAR  ADVANCES DUE DILIGENCE, SIGNS NDA

Vancouver, BC - May 6, 2014: Weststar Resources Corp. (TSX-V: WER) (the "Company" or "Weststar") is pleased to announc
--->e that it has signed a Non-Disclosure Agreement (the "NDA") with a BC Private Company ("PrivCo") and, in return, has r
--->eceived  a comprehensive business plan containing the pertinent details encompassing the electronic cigarette "e-Cigar
--->ette" and medicinal marijuana related business assets

Privco's "seed-to-sale" business is located within a secured, full-serviced, industrial-zoned facility in the BC Lower
---> Mainland. The industrial premise itself is comprised of a 55,000 square-foot building situated on 3.5 acres.   The fa
--->cility contains the necessary infrastructure required to support Health Canada's MMPR commercial production requiremen
--->ts.

Will Rascan, President/CEO of Weststar states: "The signing of the NDA prohibits Weststar at this time from divulging 
--->specifics of the business relating to the scope and breadth of Privco's reach within this new and exciting marijuana s
--->pace, however, we are very enthusiastic for this potential opportunity for our shareholders and continue our detailed 
--->due-diligence."

No agreement in principle has been entered into with any parties and there is no assurance that the Company will acqui
--->re any electronic vapor cigarette "e-Cigarette" or commercial MMPR medicinal marijuana-related assets. Weststar cautio
--->ns investors to carefully consider the risk of investing in the shares of the Company prior to the announcement of suc
--->h a transaction.  

For further info on the Company please visit www.weststarresources.com or email info@weststarresources.com. 

On Behalf of the Board

Will Rascan, President/CEO
Weststar Resources Corp.
(604) 805-2256

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 release.

This press release contains forward-looking statements about Weststar Resources Corp. Forward-looking statements are s
--->tatements that are not historical facts. The forward-looking statements in this press release are subject to various r
--->isks, uncertainties and other factors that could cause the resulting issuer's actual results or achievements to differ
---> materially from those expressed in or implied by forward-looking statements.  These risks, uncertainties and other fa
--->ctors include, without limitation, uncertainty as to resulting issuer's ability to achieve the goals and satisfy the a
--->ssumptions of management general economic factors and other factors that may be beyond the control of the parties.  Fo
--->rward-looking statements are based on the beliefs, opinions and expectations of the management of Weststar Resources C
--->orp. at the time they are made, and Weststar Resources Corp. does not assume any obligation to update its forward-look
--->ing statements if those beliefs, opinions or expectations, or other circumstances, should change.




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