VANCOUVER, BRITISH COLUMBIA--(Marketwire - August 22, 2008) -
Weststar Resources Corp. (TSX VENTURE: WER)(FRANKFURT: HN3) (the
"Company").
On June 23, 2008, the Company announced it had entered into an
agreement to acquire 72 coal permit applications, known as the "18
Meter" property, near the community of Hudson Bay, Saskatchewan. The
coal lease applications encompass approximately 138,240 acres or
55,944 ha.
The Company has received comfort letters from the Saskatchewan
Ministry of Energy and Resources on coal disposition numbers CPP
1,301 through CPP 1,372 confirming that once the proposed work
programs and budget are accepted, the applications will meet the
Branch's requirements. The vendors have filed the necessary work
expenditure submission with the Branch and accordingly the Company
expects that the approvals are imminent, although it has received no
assurances in respect to the exact timing.
The Company has retained Mitchell Geological Services Inc. ("MGSI")
to author a National Instrument 43-101 compliant report on the
property. MGSI has commenced the work and intends on making a site
visit and reviewing the core stored in Regina, Saskatchewan and
providing a recommendation.
The Company has granted incentive stock options to its directors,
officers, consultants and employees, under its Stock Option Plan, for
the purchase of up to 850,000 common shares of the Company for a
period of five years at a price of $0.20 per share.
On Behalf of the Board
Mitchell Adam, President
Weststar Resources Corp.
WARNING: The Company relies on litigation protection for "forward
looking" statements. Actual results could differ materially from
those described in the news release as a result of numerous factors,
some of which are outside the control of the Company.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
News Release.
Contacts:
Weststar Resources Corp.
Mitchell Adam
President
(604) 669-9330
(604) 669-9335 (FAX)
Email: mitch@weststarresources.com
Website: www.weststarresources.com
