PETROSTAR PETROLEUM CORPORATION ("PEP")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: April 14, 2011
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Purchase and Sale Agreement dated March 4, 2011, whereby Petrostar Petroleum Corporation (the "Company") will sell its 10% interest in the Heavy Oil Maidstone Property to Western Plains Petroleum Ltd. ("Western Plains").
Consideration for the transaction the Company will receive $750,000 in cash.
Further information on the transaction is available in the Company's news release dated March 7, 2011.
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