Greystar Resources Ltd.
LSE : GSL

Greystar Resources Ltd.

April 03, 2009 02:00 ET

Greystar Resources Ltd. Private Placement Not Proceeding

FOR:  GREYSTAR RESOURCES LTD.

TSX, AIM SYMBOL:  GSL

April 3, 2009

Greystar Resources Ltd. Private Placement Not Proceeding

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 3, 2009) -

NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Greystar Resources Ltd. ("Greystar") (TSX:GSL)(AIM:GSL) announces that due to current market
conditions, it will not be proceeding with the private placement offering of up to 12.5 million common
shares announced on March 30, 2009.



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FOR FURTHER INFORMATION PLEASE CONTACT:

Greystar Resources Ltd.
David B. Rovig
President
(406) 245-9520

OR

Greystar Resources Ltd. - Contact in Canada
Mr. Andreas Curkovic
Investor Relations
(416) 577-9927
Website: www.greystarresources.com

OR

Ocean Equities Ltd. - Contact in London
Guy Wilkes
+44 (0) 20 7786 4370
Email: guy.wilkes@oceanequities.co.uk

OR

NCB Stockbrokers Limited - Contact in London
Christopher Caldwell
+44 (0) 20 7071 5200
Email: Christopher.Caldwell@ncb.ie

Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and
neither accepts responsibility for the adequacy or accuracy of this news release.


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Contact Information

  • Greystar Resources Ltd.