Archean Star Resources Inc.
TSX VENTURE : ASP

Archean Star Resources Inc.

September 30, 2013 11:18 ET

Archean Star Resources Inc. Announces Withdrawal of Prospectus in Australia

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 30, 2013) - Archean Star Resources Inc. (TSX VENTURE:ASP) (the "Company") announces that further to its news release dated August 23rd, 2013, whereby it announced that pursuant to its proposed listing in Australia it had lodged its prospectus with the Australian Securities and Investment Commission (ASIC), the Company has withdrawn its prospectus and will not be accepting applications for CDIs until a new prospectus has been prepared and lodged with the ASIC that reflects the change in management and directors and current information, including updated financial statements.

The Company is looking forward to updating the market shortly regarding a new listing date.

Archean Star Resources Inc., is a junior exploration company listed on the TSX Venture Exchange that has, through its wholly owned subsidiary, Archean Star Resources Australia Pty Ltd, earned 100% of Teck Australia Pty Ltd.'s ("Teck") approximately 88% interest, subject to a 75% back in right in such interest to Teck, in Chalice Gold Mines Limited's Gnaweeda Gold Project in Western Australia. The Company is also earning an 80% interest in AMCOR's Monitor Copper, Gold and Silver project in the Coeur D'Alene Mining District in Idaho.

ON BEHALF OF THE BOARD OF ARCHEAN STAR RESOURCES INC.

Aidan Nania, President

Neither the TSX Venture Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), has reviewed, nor do they accept responsibility for, the adequacy or accuracy of this news release.

Contact Information

  • Archean Star Resources Inc.
    604.696.4236