03:30 PM EST - Weststar Resources Corp. : announced that it and Bearclaw Capital Corp. have entered into an arms-length Letter of Intent dated August 23, with Copper Mountain Mining Corp. whereby Copper Mountain will, subject to due diligence, enter into an exclusive option agreement to acquire up to 75% undivided interest in and to 25 mineral claims located in British Columbia, Canada, known as the Axe Property. Weststar and Bearclaw currently hold the property as a joint venture in which the parties hold 70% and 30% interests, respectively. Weststar Resources Corp.
shares V.WER are trading up $0.005 at $0.03.
