Greystar Resources Ltd.
TSX : GSL
AIM : GSL

Greystar Resources Ltd.

April 03, 2009 02:00 ET

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.

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.

Contact Information

  • 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