Raystar Capital Ltd.

November 04, 2009 11:50 ET

Raystar Capital Ltd.: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 4, 2009) - Edward Farrauto announces that on November 3, 2009, he purchased on the public market 389,444 common shares (the "Shares") of Raystar Capital Ltd. (the "Company") (NEX:RYA.H), at a price of $0.06 per Share. Mr. Farrauto is a director and President and Chief Executive Officer of the Company. Prior to the purchase of these Shares, Mr. Farrauto, together with his associates Sail View Capital Ltd. ("Sail View") and Bayridge Capital Corp. ("Bayridge"), owned an aggregate of 2,384,252 Shares, representing approximately 22.53% of the Company's issued and outstanding common share capital. Mr. Farrauto and his associates now own a total of 2,773,697 Shares, representing approximately 26.21% of the issued and outstanding common share capital of the Company. Mr. Farrauto has acquired the common shares for investment purposes and may acquire further securities of the Company for investment purposes, in the market or privately, from time to time.

A copy of the report filed by Mr. Farrauto in connection with this acquisition is available on the SEDAR website at www.sedar.com or by contacting Mr. Farrauto at the number shown above.


"Edward Farrauto"

Neither 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.

Contact Information

  • Raystar Capital Ltd.
    Edward Farrauto
    President, Chief Executive Officer
    (604) 687-3992