10:25 AM EST - TriStar Oil & Gas Ltd. : is expanding in its core area of southeastern Saskatchewan with a $212-million cash takeover of privately held Arista Energy Ltd. TriStar also disclosed it is raising $175 million in new equity through a private placement of 14.4 million shares at $12.15 each to fund the acquisition. TriStar Oil & Gas Ltd.
shares T.TOG are trading down 56 cents at $12.35.
