Shares for Debt Settlement
The TSX-V Stock Exchange has neither approved nor disapproved the contents of this news release.
Mr. Arndt Roehlig reports:
Vancouver, British Columbia CANADA, April 13, 2012 /FSC/ – Coltstar Ventures Inc. (CTR – TSX Venture), (the “Company”) announces it is in the process of negotiating a share for debt settlement with certain creditors in the amount of up to $400,000 at a price of 20 cents per share. Subject to regulatory approval, the Company will issue up to 2,000,000 common shares of the Company to extinguish up to $400,000 in debt.
On behalf of the Board of Directors:
/s/ “Arndt Roehlig”
Chief Executive Officer, President and Director
For further information please contact:
Telephone: (604) 569-1236
To view this news release as a webpage, please click on the following link: http://www.usetdas.com/pr/coltstar04132012.htm