Lonestar Closes Debenture Financing

Lonestar West Inc. (TSX VENTURE:LSI) ("Lonestar" or "the Company") announces
that it has completed a secured debenture financing in the aggregate amount of
$800,000 (the "Loan"). The debentures carry an annual interest rate of 16% and
have a maturity date of March 31, 2013. The obligations under the debenture are
secured by Lonestar's grant of a security interest in its assets (including the
assets of its subsidiaries) in favour of the debenture holders. 


None of the Company's common shares or securities convertible into common shares
are being issued in connection with the Loan and no commissions or finder's fees
are applicable in connection with the Loan either. This secured debenture
financing will provide Lonestar with funds to acquire three hydro-vac trucks. 


About Lonestar West

The Company currently operates a fleet of HVAC and vacuum trucks throughout
Western Canada from its base in Sylvan Lake, Alberta. It is focussed on
profitably growing its HVAC services to become a major national competitor in
the market area.


For more information please visit the Lonestar West website at www.lonestarwest.com.