TORONTO, Feb. 29 /CNW/ - Kaplan Holdings LLC ("Kaplan") announced that it
has acquired common shares (the "Common Shares") of Truestar Petroleum Corp.
("Truestar"). As a result of the acquisition of such shares, Kaplan owns
16,472,000 Common Shares, representing approximately 14.7% of the issued and
outstanding Common Shares.
The Common Shares were purchased by Kaplan on the TSX Venture Exchange.
Kaplan acquired the securities for investment purposes only and may, depending
on market and other conditions, increase or decrease its beneficial ownership,
control or direction over, or exercise its current rights to acquire, common
shares or other securities of Truestar through market transactions, private
agreements or otherwise.
For further information:
For further information: David Kaplan, Kaplan Holdings LLC, Tel: (310)
589-1946, Fax: (310) 589-1946