SOURCE: Tradestar Resources Corporation

December 27, 2006 14:41 ET

Tradestar Resources Corporation Announces Pink Sheet Filing of First Six Months of Fiscal Year Beginning March 31, 2006

HOT SPRINGS, AR -- (MARKET WIRE) -- December 27, 2006 -- Tradestar Resources Corporation (PINKSHEETS: TSRR) announced today that their financial reports have been filed with the PinkSheets.Com and are also available for review online at Following are selected highlights from the Company's Balance and Second Quarter Stock Structure Changes. Tradestar Resources Corp. year end March 31.

First Six Months Results

For the first six months ending September 30, 2006 Tradestar reported and increase in properties and equipment with Total Assets of $454,402 on revenues of $149,428. The Company reported a net loss from this period's operation of $29,837.

Company Restructuring

On June 9, 2006 the Company reincorporated in the State of Nevada under the name of Tradestar Resources Corporation and amended its corporate charter. The amendment authorized 400,000,000 Class A Common Shares and 100,000,000 of Preferred Shares both with Par Value of $0.001. The previously issued Common Stock was reverse split 20 to 1. The stock outstanding as of this 09/30/2006 is 9,986,967.

Management Comments

Tom Feimster, President and CEO, stated that, "We have been investing our capital and resources in our existing properties in Karnes County Texas, and also in acquiring properties in Northeast Louisiana. Our future revenues should be well into the positive side in our next six months report."


Tradestar Resources Corporation is an independent energy company that is engaged in the exploration, development, exploitation and acquisition of on- shore and natural gas properties in conventional producing areas if the United States. Tradestar strives to enhance asset value by expanding oil and natural gas reserves, raising production levels and increasing cash flow. Tradestar intends to foster its growth as an independent oil and gas company by investing in only proven producing wells. The company's web site is

Forward-Looking Statements

This release contains forward-looking statements with respect to the results of operations and business of Tradestar Resources Corporation which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and all other forward-looking statements be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.

Contact Information

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