POLAR STAR RECEIVES CONDITIONAL APPROVAL TO GRADUATE TO THE TSX
02 November 2010 - 10:48PM
PR Newswire (Canada)
TORONTO, Nov. 2, 2010 /CNW/ -- /NOT FOR DISTRIBUTION TO UNITED
STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX-V:
PSR TORONTO, Nov. 2, 2010 /CNW/ - Polar Star Mining Corporation
("Polar Star" or the "Company") today announces it has received
conditional approval to list its common shares on the Toronto Stock
Exchange ("TSX") by graduating from the TSX Venture Exchange. Final
approval of the listing is subject to the Company meeting certain
requirements of the TSX and TSX Venture Exchange. Polar Star
expects to satisfy all of the necessary conditions and for its
shares to begin trading on the TSX before the end of 2010. Upon its
listing on the TSX, Polar Star's common shares will continue to
trade under the symbol PSR. Forward-Looking Statements This news
release may contain forward-looking statements based on
assumptions, uncertainties and management's best estimates of
future events. Actual events or results could differ
materially from the Company's expectations and projections.
Investors are cautioned that forward-looking statements involve
risks and uncertainties. Accordingly, readers should not
place undue reliance on forward-looking statements. When used
herein, words such as "anticipate", "will", "intend" and similar
expressions are intended to identify forward-looking
statements. For a more detailed discussion of such risks and
other factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements,
refer to Polar Star's filings with Canadian securities regulators
available on www.sedar.com or the Company's website at
www.polarstarmining.com. About Polar Star Polar Star Mining
Corporation (TSXV: PSR) is an emerging exploration company with a
focus on building value in Chile through discovery and development
at its Montezuma property located between Codelco's Chuquicamata
mine and Antofagasta PLC's Esperanza mine. The Company's
current cash balance is approximately $13.5 million. Share
Capitalization Shares outstanding: 90,410,435 as at November 2,
2010 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. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/November2010/02/c8339.html
pAdam Rochacewich, CFObr/ Polar Star Mining Corporationbr/ (416)
368-3496br/ a
href="mailto:info@polarstarmining.com"info@polarstarmining.com/a/p
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