Polar Star (TSXV:PSR)
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TORONTO, Nov. 2, 2010 /CNW/ --
/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN
THE UNITED STATES/
TSX-V: PSR
TORONTO, Nov. 2, 2010 /CNW/ - Polar Star Mining Corporation ("Polar Star" or the "Company") today announces it has received
conditional approval to list its common shares on the Toronto Stock
Exchange ("TSX") by graduating from the TSX Venture Exchange.
Final approval of the listing is subject to the Company meeting certain
requirements of the TSX and TSX Venture Exchange. Polar Star expects to
satisfy all of the necessary conditions and for its shares to begin
trading on the TSX before the end of 2010. Upon its listing on the TSX,
Polar Star's common shares will continue to trade under the symbol PSR.
Forward-Looking Statements
This news release may contain forward-looking statements based on
assumptions, uncertainties and management's best estimates of future
events. Actual events or results could differ materially from the
Company's expectations and projections. Investors are cautioned that
forward-looking statements involve risks and uncertainties.
Accordingly, readers should not place undue reliance on forward-looking
statements. When used herein, words such as "anticipate", "will",
"intend" and similar expressions are intended to identify
forward-looking statements. For a more detailed discussion of such
risks and other factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements, refer to Polar Star's filings with Canadian securities
regulators available on www.sedar.com or the Company's website at www.polarstarmining.com.
About Polar Star
Polar Star Mining Corporation (TSXV: PSR) is an emerging exploration
company with a focus on building value in Chile through discovery and
development at its Montezuma property located between Codelco's
Chuquicamata mine and Antofagasta PLC's Esperanza mine. The Company's
current cash balance is approximately $13.5 million.
Share Capitalization
Shares outstanding: 90,410,435 as at November 2, 2010
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.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/November2010/02/c8339.html
pAdam Rochacewich, CFObr/ Polar Star Mining Corporationbr/ (416) 368-3496br/ a href="mailto:info@polarstarmining.com"info@polarstarmining.com/a/p