TORONTO, ONTARIO — (Marketwire) — 07/20/11 — Erica Prussky of Toronto acquired ownership of 155,500 common shares of Lonestar West Inc. (the “Lonestar”) at a price of $0.16 per common share and 289,000 common shares of Lonestar at a price of $0.35 per common share, representing approximately 3.6% of the outstanding shares of Lonestar. Together with the common shares already held directly and indirectly by Ms. Prussky in Lonestar, Ms. Prussky now holds 1,609,111 common shares, representing approximately 13.09% of the outstanding shares of Lonestar.
The common shares were acquired through two private transactions for an aggregate purchase price of $126,030. Ms. Prussky may increase or decrease her ownership of securities of Lonestar depending upon future market conditions.
All common shares acquired and/or held by Ms. Prussky in Lonestar were acquired for investment purposes.
Contacts:
Erica Prussky
(416) 787-2002