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Canstar Resources Inc.

09:48 AM EST - Canstar Resources Inc. : Announced the completion of its previously announced non-brokered private placement for gross proceeds of $1,043,795 through the sale of 10,437,950 units at a price of $0.10 per Unit. Each Unit was comprised of one common share in the capital stock of the Corporation and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to purchase one Common Share at a price of $0.15 per Common Share until December 31, 2017. Canstar Resources Inc. shares V.ROX are trading unchanged at $0.10.