Canadian Trading and Quotation System Inc. - Warrant Amendment - Calstar Oil & Gas Ltd. (CALS.W)

    TORONTO, Feb. 5 /CNW/ - The Class B purchase warrants issued in
conjunction with a Private Placement of Calstar Oil & Gas (previously Aspire
Capital) were listed on September 19, 2006, and pursuant to previous
exemptions were to expire on February 29, 2008. The Company has been granted
an exemption to extend the term of the warrants for additional 60 days, with
an amended exercise price of $0.50.
    The warrants have an exercise price of $0.25 until February 29, 2008,
inclusive. The exercise price will be $0.50 from March 1, 2008, until expiry
on April 30, 2008.

    Effective Date: March 1, 2008
    Symbol: CALS.W
    Cusip: 13135U 11 2
    New Expiry: April 30, 2008

    Each warrant is exercisable into one common share. The warrants contain
standard anti-dilution provisions. Listing and disclosure documents for
Calstar are available in the CNQ Issuer Disclosure Hall.

For further information:

For further information: Radhika Ramkarran at (416) 572-2000, X 2435, or

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