Lonestar Capital Corp. Announces Resignation of Director and Update on Qualifying Transaction



    VANCOUVER and HOUSTON, Aug. 26 /CNW/ - Lonestar Capital Corp. (TSX:
LON.P) (the "Company"), a capital pool company listed on the TSX Venture
Exchange (the "Exchange"), today announced that Mr. Russell Louis Rossi, a
director of the Company has resigned from his position as a director of the
Company, effective immediately for personal reasons. The board of directors of
the Company would like to thank Mr. Rossi for his valuable contributions to
the Company.

    The Company is actively continuing to pursue its acquisition of both Acro
Electric, Inc., a California corporation and NextEnergy Corp., a California
corporation and its planned concurrent private placement, as the Company's
proposed qualifying transaction. Details regarding the proposed qualifying
transaction can be found in the Company's press release of July 16, 2008. The
Company has filed a draft filing statement relating to the qualifying
transaction with the Exchange to seek conditional approval to proceed with the
proposed qualifying transaction.

    ---------------------------

    This press release contains forward looking statements within the meaning
of applicable securities laws which are subject to risks, uncertainties and
assumptions. Such forward-looking information includes, among other things,
information with respect to the Company's beliefs, plans, expectations,
anticipations, estimates and intentions, the completion of the acquisitions
and the private placement.
    Although the directors of the Company currently believe that the
expectations represented in such forward-looking statements are reasonable,
there can be no assurance that such expectations will prove to be correct, and
the results or events anticipated or predicted in any such forward-looking
information may differ materially from actual results. The forward-looking
statements contained herein are expressly qualified in their entirety by this
cautionary statement. The forward-looking statements included herein are made
as of the date hereof and are subject to change after such date. Readers
should not place undue importance on forward-looking information and should
not rely upon this information as of any other date. While the Company may
elect to do so, it does not undertake any obligation to, any time, publicly
update such forward-looking statements to reflect new information, subsequent
events or otherwise.

    The Exchange has in no way passed upon the merits of the proposed
    transaction and has neither approved nor disapproved the contents of this
    press release. The Exchange does not accept responsibility for the
    adequacy or accuracy of this press release.

    %SEDAR: 00026288E




For further information:

For further information: Lonestar Capital Corp., Harry Fleming, (604)
357-7577, (604) 683-0646 (FAX), Email: info@lonestarcapitalcorp.com, Website:
www.lonestarcapitalcorp.com

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LONESTAR CAPITAL CORP.

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