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Star Resources to Amend Private Placement.


Business Editors

HOUSTON--(BUSINESS WIRE)--July 29, 2002

Star Resources Corp. (the "Company") proposes to amend its private placement announced June 18, 2002, to 4,000,000 units at $0.20 per unit, each unit consisting of one share and one share purchase warrant. Each share purchase warrant will entitle en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 the holder to purchase one additional share at $0.25 per share for a period of two years from the date of issue. The funds will be used for further exploration of the Company's diamond exploration project in Arkansas.

Star Resources Corp. is a diversified diamond exploration company listed on the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX)  under the trading symbol Trading symbol

See: Ticker symbol
 "SRS SRS, SRS-A

see slow-reacting substance.
".

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 29, 2002
Words:130
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