| November 04, 2009 Abbastar Announces Private Placement | |
| Abbastar Resources Corp. (the "Company") is pleased to announce a non-brokered private placement of 1,000,000 flow-through shares ("FTS") at a price of $0.30 per FTS for total gross proceeds of $300,000. There is no finder's fee payable in relation to the private placement. The proceeds from the private placement will be used for exploration expenditures. The private placement is subject to acceptance by the TSX Venture Exchange. For more information please contact Mr. John B. Good, President and CEO at (604) 537-0004 or Mr. Morgan Good, Investor Relations at (604) 715-4751. To learn more about Abbastar Resources Corp., visit our website at www.abbastarresources.com. On behalf of the Board, John B. Good President & CEO Neither the 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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