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WorldStar Energy, Corp. Focuses on Coal Projects and Mongolian Executive Director

Posted on: Thursday, 7 February 2008, 00:00 CST

WorldStar Energy, Corp. (OTCBB: WSTR) ("WorldStar") announces that its 2008 exploration program will focus on developing its coal prospects in Mongolia.

WorldStar's Mongolian licenses cover an aggregate of some 817,000 hectares (8,200 square kilometers) of lands believed to be prospective for base and precious minerals in Mongolia. Eight of its licenses are located in the South Gobi region where the mineral of interest is coal. This area of Mongolia is known to host coal mineralization where several projects are currently in advanced exploration stages. WorldStar's coal prospective licenses cover more than 50% of the licensed area.

The company is also pleased to announce that it is currently involved in negotiations concerning coal prospects in Indonesia, concerning which further developments are expected to be announced shortly.

WorldStar further advises that Mr. Amrasanaan Baljinnyam has been appointed Executive Director of Bulgan Gold LLC ("Bulgan"), its Mongolian subsidiary. Mr. Baljinnyam is a professional administrator with government and mineral exploration industry experience in Mongolia, and replaces Mr. Bazar Radnaabazar who left Bulgan to pusue other interests, but who remains a minority shareholder. Bulgan holds a 100% interest in the company's Mongolian licenses referred to above.

On Behalf of WorldStar Energy, Corp.

Richard T.S. Tay, CEO

Information for US Persons and Forward Looking Information

The securities referred to herein have not been, and will not be, offered nor issued to any person in the United States or to any US person (as defined in Rule 902 of Regulation S under the Securities Act of 1933, as amended (the "Securities Act")) and this information is not intended to constitute an offer of securities for sale in the United States or to any U.S. person. The securities referred to have not been, and will not be, registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

This release includes certain statements that may be deemed "forward-looking statements" in that until definitive agreements are executed and required documentation received, there can be no certainty that the put/call and financing transactions described above will complete as described, in some other manner or at all. The results of ongoing due diligence reviews, developments in international financial markets and other geopolitical events as well as other factors may intervene to prevent closing of the transactions. For more information on the Company, and the risk factors inherent to its business, Investors should review the Company's most recent annual report on Form 10-KSB, its most recent quarterly report on Form 10-QSB, and its current reports on Form 8-K, as filed with the United States Securities and Exchange Commission.

Shares outstanding - 57,761,834

No regulatory authority has either approved or disapproved of the contents of the news release.

 Contacts: WorldStar Energy, Corp. Michael Kinley (604) 434-5256 (604) 434-5488 (FAX)  

SOURCE: WorldStar Energy, Corp.

Source: MARKET WIRE

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