Western Star Resources Inc. is pleased to announce that it has closed the previously announced Shares for Debt Settlement transactions to settle an aggregate of CDN$209,400 owed to certain officers and directors of the Corporation by issuing an aggregate of 1,745,000 common shares of the Corporation at a deemed price of $0.12 per share. The Shares are subject to a hold period of four months and one day. Accordingly, the [...]
Western Star Resources Inc. has agreed to settle outstanding debt in the amount of CDN$209,400 owing to certain officers and directors of the company by issuing an aggregate of 1,745,000 common shares in the capital of the Company at a price of $0.12 per Common Share . The Board of Directors has determined it is in the best interests of the Company to settle the outstanding Debt by the issuance of the Common Shares in [...]
Western Star Resources Inc. is pleased to announce that it has closed the previously announced Shares for Debt Settlement transactions to settle an aggregate of $136,135 of debt owed to arm's length creditors of the Corporation by issuing an aggregate of 1,296,522 common shares of the Corporation at a deemed price of $0.105 per share. The Shares are subject to a hold period of four months and one day. Additional [...]
Western Star Resources Inc. has agreed to settle outstanding debt in the amount of CDN$136,135 owing to an arm's length creditor by issuing an aggregate of 1,296,522 common shares in the capital of the Company at a price of $0.105 per Common Share . The Board of Directors has determined it is in the best interests of the Company to settle the outstanding Debt by the issuance of the Common Shares in order to preserve the [...]
Western Star Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement for aggregate gross proceeds of CAD$129,998. The Company issued 1,444,421 million units of the Company, at a purchase price of $0.09 per unit. Each unit is comprised of one common share in the capital of Western Star and one share purchase warrant, which is exercisable into one common share at an [...]
Western Star Resources is pleased to announce a non-brokered private placement of up to CAD$130,000 . The Company intends to issue up to 1,444,444 million units of the Company, at a purchase price of $0.09 per unit. Each unit will comprise of one common share in the capital of Western Star and one full purchase warrant. Full warrants are exercisable into one Common Share of the Company at an exercise price of $0.125 per [...]
May 21st, 2024 - Western Star Resources is pleased to announce that Owen King has joined the board. Mr. King has more than 20 years of experience in the financial markets and management consulting fields. Mr. King worked with Mackie Research as an Investment Advisor focusing on venture capital financing. Since 2014, Mr. King has been working with public companies in business development and assisting with capital raises [...]
Western Star Resources announces that further to its news release of February 26, 2024, effective at the opening for trading on Monday, March 25, 2024 the shares of the Company will commence trading on the Canadian Securities Exchange on a consolidated basis, with one (1) new common share being issued for every seven (7) pre-consolidated shares. All shareholders of record on Tuesday, March 26, 2024 will be entitled to the [...]
Western Star Resources announces that, effective March 4, Davidson & Company LLP, Chartered Professional Accountants have been appointed as the Company’s auditor until the next annual general meeting of the Company. Davidson & Company LLP, Chartered Professional Accountants replaces Mao & Ling LLP, Chartered Professional Accountants as the Company’s auditor. Additional information about the Company and the Transaction is [...]
Western Star Resources is pleased to announce that its Board of Directors has approved, by board resolution, the consolidation of all of its issued and outstanding securities on a seven-for-one basis, pursuant to the policies of the CSE. The Company’s authorized share capital currently consists of an unlimited number of common shares without par value, of which 20,529,332 shares are issued and outstanding, with a further [...]
Western Star Resources is pleased to announce that it has secured its previously announced equity drawdown facility from Crescita Capital in the aggregate amount of up to $5,000,000, representing major institutional backing for Western Star. Blake Morgan, CEO of Western Star, states “We are thrilled to be receiving this level of institutional backing in our first year of listing. The plan is simple - explore and drill [...]