SYS-CON MEDIA Authors: RealWire News Distribution, Cynthia Dunlop, Mark O'Neill, Kevin Benedict

News Feed Item

S. Donald Moore Announces Acquisition of Starrex Securities

TORONTO, ONTARIO -- (Marketwired) -- 12/13/13 -- Mr. S. Donald Moore is pleased to announce that he has acquired, indirectly, a total of 939,304 common shares (the "Common Shares") in the capital of Starrex Mining Corporation Ltd. ("Starrex") (at a deemed price of $0.25 per Common Shares) through the conversion of an aggregate amount of $234,826 of debt owed by Starrex to one company controlled by him (together with Mr. Moore or any one of them individually, the "Offeror").

As a result of this acquisition, the Offeror now owns or controls 2,155,861 Common Shares representing approximately 26.56% of the issued and outstanding Common Shares.

The Offeror has acquired the securities for investment purposes and has no present intention of acquiring additional securities of Starrex. Depending upon his evaluation of the business, prospects and financial condition of Starrex, the market for Starrex's securities, general economic and tax conditions and other factors, the Offeror may acquire more or sell some or all of his securities of Starrex.

Starrex Mining Corporation Ltd.
Mr. S. Donald Moore
(416) 368-4440

by mail:
3080 Yonge Street, Suite 5004
Toronto, Ontario M4N 3N1

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.