TORONTO, June 29 /CNW/ - Uranium Star Corp.'s (OTCBB:URST)
(FRANKFURT:YE5) ("Uranium Star" or "the Company") Green Giant Vanadium Project
in Madagascar is emerging as a potential world-class deposit.
Given the anticipated future demand for high-quality steel products in
conjunction with the focus on "Green Technology" products such as batteries
for renewable energy storage and electric cars, the world's consumption of
vanadium is forecasted to go much higher.
Recognizing this opportunity, Uranium Star is moving to strategically
position the company and its Green Giant Project in the best possible
political and financially sound position.
To help attain that goal, Uranium Star is very pleased to announce that
the company has engaged the Honourable Brian Tobin, P.C., ICD.D to lead these
important initiatives. To facilitate this process, Uranium Star will establish
a Special Advisory Committee on which Mr. Tobin will act as Chairperson.
Mr. Tobin is clearly suited to this task as can be best seen in this
brief outline of his many accomplishments.
- The Hon. Brian V. Tobin, P.C., ICD.D, is currently Senior Business
Advisor with Fraser Milner Casgrain LLP in Toronto. Mr. Tobin serves
on a number of public company boards including Lions Gate
Entertainment Corp., Aecon Group Inc. and Consolidated Thompson Iron
Mines Limited and he is Chairman of the board for New Flyer
- The Hon. Brian V. Tobin, P.C., ICD.D, served as the Federal Minister
of Industry from October 2000 to January 2002.
- Previously he served as the Premier of Newfoundland and Labrador
from 1996 to 2000 and won two consecutive majority governments in
provincial elections held in February 1996 and February 1999.
- Mr. Tobin served as a Member of Parliament from 1980 to 1996 and
served as Minister of Fisheries and Oceans in the federal cabinet
from 1993 to 1996.
- Mr. Tobin is also a director of CommerceTel Canada Inc., Marport
Deep Sea Technologies Inc., Kruger Inc. and Canpages Inc.
- In addition, Mr. Tobin is a strategic advisor to a number of
Canadian corporations. He is also Special Advisor for Advancing
Canadian Entrepreneurship Inc.
- Mr. Tobin has completed his memoirs entitled, 'All in Good Time'
published by Penguin Books.
Kirk McKinnon, President & CEO commented "Brian Tobin will add a special
dimension to moving the Green Giant Project forward as his proven skills are
well understood and acknowledged in the political and business arenas. Brian
will provide Uranium Star with leadership, experience and counsel that will
greatly enhance the progression of the Green Giant Project and will serve
Uranium Star very well. The company is fortunate that he has chosen to
participate in the company's new and rapidly emerging Green Giant Vanadium
To learn more about Uranium Star's Potential World Class Discovery of
Vanadium, please reference our 5 latest press releases on our website at
December 15, 2008 - Uranium Star Confirms 21 Km Trend of Significant
January 29, 2009 - Assay Results Indicate World-Class Vanadium Potential
April 29, 2009 - Uranium Star Re-Commences Exploration on its Green Giant
Vanadium Project in Madagascar
May 27, 2009 - Uranium Star - Initial Trench Results on Green Giant
June 22, 2009 - Uranium Star Releases 15 Additional Trench Results on
Green Giant Vanadium Project
ABOUT THE COMPANY
Uranium Star Corp. is a rapidly emerging exploration company with assets
in Madagascar (Vanadium) and Northern Quebec (Uranium). Its shares are traded
on the OTCBB under the symbol URST and in the Frankfurt Exchange under the
symbol YE5, and is currently working towards its listing on the TSX Venture
Exchange. The Company continues to focus on high priority property acquisition
and exploration in order to participate in meeting the significant and
increasing demand for uranium and other strategic metals as alternative energy
WARNING: The statements made in this news release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially from
expectations and projections set out herein.
For further information:
For further information: Brent Nykoliation, Vice President of Business
Development, Uranium Star Corp., Toll Free: 800-818-5442 or (416) 364-4911,
Email: email@example.com Or Kirk McKinnon, President & CEO,
Richard Schler, Chief Operating Officer & CFO