Raystar Capital Ltd.
TSX VENTURE : RYA.H

March 02, 2011 12:59 ET

Raystar Engages Featherstone Capital

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2011) - Raystar Capital Ltd. ("Company") (TSX VENTURE:RYA.H) is pleased to announce it has retained Featherstone Capital Advisors Inc. ("Featherstone") to provide corporate development and financial advisory services.

Raystar has agreed to pay Featherstone a retainer of $7,000 per month plus expenses per the agreement for a period of twelve months. In addition, Raystar has granted Featherstone 300,000 stock options exercisable at a price of $0.47 for a period of five years from the date of grant. These options are granted subject to the Company's stock option plan and are subject to regulatory approval.

RAYSTAR CAPITAL LTD.

Edward Farrauto, Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Raystar Capital Ltd.
    Edward Farrauto
    Chief Executive Officer
    604-687-3992