WST

0.00

0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
	TSXV:WST	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	-

WellStar Energy Announces Proposed Five to One Share Consolidation

15/08/2008 2:53pm

Marketwired Canada

WellStar Energy Corp. (WST) (TSX VENTURE:WST)(FRANKFURT:W6V) (the "Company")
proposes to consolidate its issued share capital on the basis of one new common
share for five (5) old common shares, without any change in name.


The share consolidation will be voted on by the shareholders at the next Annual
General Meeting of the Company to be held on September 19, 2008, and must be
approved as an ordinary resolution by more than 50% of the outstanding shares
voted in person or by proxy at the meeting.


The share consolidation must also be accepted for filing by the TSX Venture
Exchange (the "Exchange"), which will be subject to the Company meeting the
Exchange's filing requirements, including establishing share distribution on a
post-consolidated basis satisfactory to the Exchange.


On Behalf of the Board of Directors,

Andrew H. Rees, President, CEO