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Gold/Mining/Energy : first star energy FST on the ASE
FST 10.18+0.3%Aug 25 5:00 PM EST

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To: Buckey who wrote (553)6/22/1998 3:24:00 PM
From: RIK  Read Replies (2) of 754
 
A 'dated' press release that may be of interest to some FST shareholders.

July 3, 1997

First Star Energy Ltd. ("First Star") announces that it has completed a private placement of flow-through shares for proceeds of $847,949.90. The private placement was done by way of
offering memorandum to 42 subscribers for a total of 2,422,714 shares ($0.35 per share).

The officer responsible for issuance of this press release and who may be contacted for further information is:

John E. Squarek, President
First Star Energy Ltd.
1420, 734 - 7th Avenue S.W.
Calgary, Alberta, T2P 3P8
Telephone (403) 221 7700
Fax: (403) 221 7719
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