/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
TORONTO, Sept. 26, 2012 /CNW/ - Polar Star Mining Corporation ("Polar Star") (TSX:PSR) announces that David Seton has resigned as Chairman and Director of the Company effective immediately.
The Company would like to thank Mr. Seton for his efforts as Chairman, the position he has held since April 2009.
This news release may contain forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual events or results could differ materially from the Company's expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. When used herein, words such as "anticipate", "will", "intend" and similar expressions are intended to identify forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Polar Star's filings with Canadian securities regulators available on www.sedar.com or the Company's website at www.polarstarmining.com.
About Polar Star
Polar Star is an emerging exploration company with a focus on building value in Chile through discovery, development and production. The company is advancing its flagship exploration property, Montezuma, that covers 40 kilometres of the West Fault zone and the cross-cutting Esperanza Fault systems. The property is located between Codelco's Radomiro Tomic - Chuquicamata - Ministro Hales mines in the north and Antofagasta PLC's El Tesoro - Esperanza - Polo Sur mines to the south. Polar Star operates the Chépica gold/silver/copper mine located 270 kilometres south of Santiago, Chile. The head office of Polar Star is located in Toronto.
Shares outstanding: 99,276,001 as at September 26, 2012.
SOURCE: Polar Star Mining Corporation
For further information:
Adam Rochacewich, CFO
Tel: (416) 368-3496
Email: [email protected]