Received by email:
File: Microsoft Word - 2014_12_22 WER NR receives TSX approval on shares for debt (FINAL).docx.pdf
1288 Steeple Drive
Coquitlam, B.C. V3E 1K2
Telephone: (604) 805-2256
Weststar Resources Receives Approval on Debt Settlement Transaction
Vancouver, BC � December 22, 2014: Weststar Resources Corp. (TSX-V: WER) (the
"Company") is pleased to announce that, further to its news release dated December 16, 2014,
the Company 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 $0.05
per Share (the "Transaction") 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.
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.
File: 2014_12_22 WER NR receives TSX approval on shares for debt (FINAL).docx
Weststar Resources Receives Approval on Debt Settlement Transaction
Vancouver, BC - December 22, 2014: Weststar Resources Corp. (TSX-V: WER) (the "Company") is pleased to announce that,
---> further to its news release dated December 16, 2014, the Company has received TSX Venture Exchange approval on its de
--->bt settlement transaction.
The Company has issued an aggregate of 236,944 Common Shares at a deemed price of $0.05 per Share (the "Transaction")
--->in order to settle indebtedness of $19,777.20 with certain arm's length parties. The Company determined to satisfy thi
--->s 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.
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.
© 2024 Canjex Publishing Ltd. All rights reserved.