WER

0.00

0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
	TSXV:WER	TSX Venture	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0	-

Weststar $9.0 Million Financing

03/05/2011 6:00pm

Marketwired Canada

Weststar Resources Corp. (TSX VENTURE:WER)(FRANKFURT:HN3) (the "Company") has
arranged, subject to TSX Venture Exchange approval, a non-brokered private
placement of 10,000,000 units at $0.90 per unit for total gross proceeds of
$9,000,000. Each unit will consist of one common share and one half of a
transferable share purchase warrant, each whole warrant is exercisable into one
additional common share at a price of $1.50 per share for a period of one year
from the date of closing.


Proceeds of the financing will be utilized for the Company's recently announced
La Paloma acquisition in Mexico and for general working capital.


Finders' fees may be payable in whole or in part on the units issued under the
financing, in accordance with TSX Venture Exchange policy.


For further info on the Company please visit www.weststarresources.com or email
info@weststarresources.com.


On Behalf of the Board

Mitchell Adam, President

Weststar Resources Corp.