Lonestar Capital Corp.
TSX VENTURE : LON

Lonestar Capital Corp.

April 29, 2009 15:25 ET

Lonestar Capital Corp. Closes Private Placement

HOUSTON, TEXAS and VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2009) - Lonestar Capital Corp. dba Acro Energy Technologies (TSX VENTURE:LON) (the "Company") announces that it has received TSX Venture Exchange approval to close the $0.225 non-brokered private placement announced on April 7, 2009 (the "Private Placement").

The Company raised gross proceeds of $499,005 from the sale of 2,217,803 units (each, a "Unit") at a price of $0.255 per Unit. Each Unit is comprised of one common share in the capital of the Company and one share purchase warrant. Each share purchase warrant will entitle to the holder to acquire one additional common share in the capital of the Company at an exercise price of CDN$0.45 for a period of one year following the closing. The Units are subject to a four-month hold period expiring August 29, 2009.

At the closing, the Company paid a finder's fee of $11,756.25, plus 52,200 common shares in the Company to Randy Doherty. The shares issued to Mr. Doherty are subject to a hold period expiring on August 29, 2009.

About Lonestar Capital Corp./Acro Energy Technologies

Lonestar, through Acro Energy Technologies, is focused on the consolidation and growth of renewable energy companies, primarily in the United States solar market. Lonestar/Acro Energy Technologies, through its acquisition of Acro Electric, Inc., a leading California residential solar integrator, has initiated its acquisition campaign in the solar integrator market. Lonestar/Acro Energy Technologies continues to evaluate suitable acquisition candidates across North America.

On Behalf of the Board of Directors,

Douglas A. Samuelson, Executive Vice President

This news release may contain "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company assumes no obligation for the accuracy or completeness of those forward looking statements and undertakes no obligation to revise these forward looking statements to reflect subsequent events or circumstances. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

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.

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