<div class="Content_ArticleTextFrame" id="Content_ArticleTextFrame1602">
			April 29, 2008 
The Class B purchase warrants issued in conjunction with a Private Placement of Calstar Oil &amp; Gas (previously Aspire Capital) were listed on September 19, 2006, and pursuant to previous exemptions were to expire on April 30, 2008.&nbsp; The Company has been granted an exemption to extend the term of the warrants for an additional five trading days following the revocation of the&nbsp;cease trade orders in the securities of Calstar. A bulletin announcing the new expiry date will be issued once the order has been lifted. 
The warrants&nbsp;have an exercise price of $0.50.&nbsp;&nbsp; 
Symbol:&nbsp; CALS.W&nbsp; Cusip:&nbsp; 13135U 11 2 New Expiry: To Be Announced 
Each warrant is exercisable into one common share. The warrants contain standard anti-dilution provisions.&nbsp; Listing and disclosure documents for Calstar are available in the <A class=content href="Page.asp?PageID=2013&amp;AA_RecordID=147">CNQ Issuer Disclosure Hall</A> If you have any questions or require further information please contact Radhika Joseph at (416) 572-2000 X 2435 or <A class=content href="mailto:radhika.joseph@cnq.ca">E-mail: radhika.joseph@cnq.ca</A> 
 

			</div>

2008-0404 - Calstar Oil & Gas Warrant Amendment (CALS.W)

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