Gordon Investment Partners reports acquisition of shares of Northstar Aerospace, Inc.



    TORONTO, May 29 /CNW/ - Gordon Investment Partners, a general
partnership, announced that on May 28, 2009 it has acquired ownership of
3,045,865 common shares of Northstar Aerospace, Inc. ("Northstar"),
representing approximately 10.2% of the outstanding common shares of
Northstar, on the Toronto Stock Exchange at a price of $0.5499 per share. As a
result, Gordon Investment Partners currently owns a total of 3,922,165 common
shares of Northstar, or approximately 13.1% of the outstanding common shares
of Northstar. In addition, Gordon Investment Partners, together with its joint
actor Ridge Capital Amalgamated Corp., beneficially own a total of 5,872,865
common shares of Northstar, or approximately 19.7% of the outstanding common
shares of Northstar.
    The common shares were acquired for investment purposes. In the future,
Gordon Investment Partners may, subject to applicable law, acquire additional
common shares or dispose of common shares of Northstar depending upon a number
of factors, including general market and economic conditions and other
available investment opportunities.





For further information:

For further information: or to receive a copy of the early warning
report filed in connection with this press release, please contact: Charlotte
Goodrham, 141 Adelaide Street West, Suite 1628, Toronto, Ontario, M5H 3L5,
Telephone: (416) 861-3033

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GORDON INVESTMENT PARTNERS

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