The transaction is subject to a due diligence period, the negotiation and preparation of supporting documentation and to the filing of required
The Company is also pleased to announce that the Exchange has consented to the extension of the term of 15,200,000 common share purchase warrants issued pursuant to a private placement accepted for filing by the Exchange
Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words "may", "would", "could", "will" and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
FOR FURTHER INFORMATION PLEASE CONTACT:
Star Navigation Systems Group Ltd. Viraf KapadiaCEO (416) 252-2889 firstname.lastname@example.org Renmark Financial Communications Inc. Bettina Filipponebfilippone@renmarkfinancial.com Renmark Financial Communications Inc. Barry Mirebmire@renmarkfinancial.com Media Renmark Financial Communications Inc. D. Elizabeth Culley(416) 644-2020 or (514) 939-3989 email@example.com Source: Star Navigation Systems Group Ltd.