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Wed, June 30, 2010
Tue, June 29, 2010

Fourth Third LLC Announces Interest in Estrella International Services Ltd. as a Result of the Completion of Previously Announc


Published on 2010-06-29 13:10:20 - Market Wire
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NEW YORK, NEW YORK--(Marketwire - June 29, 2010) - Fourth Third LLC ("Fourth Third"), an affiliate of Medley Capital, LLC, today announced that it has acquired 39,600,001 common shares (the "Common Shares") of Estrella International Energy Services Ltd. (TSX VENTURE:EEN) ("Estrella International") as a result of the previously announced reverse take-over transaction (the "Transaction") among Estrella Overseas Limited ("Estrella Overseas"), a private company, and Everest Ventures Corp. (now Estrella International), a TSX Venture Exchange-listed company. Pursuant to the Transaction, Fourth Third now holds the Common Shares which represent approximately 40% of the outstanding common shares of Estrella International and 18,000,000 warrants for the purchase of common shares of Estrella International. Prior to completion of the Transaction, Fourth Third was issued 39,600,001 common shares in the capital of Estrella Overseas upon its exercise of special warrants of Estrella Overseas.

The Common Shares will be held for investment purposes and Fourth Third may from time to time increase or decrease its holdings of securities of Estrella International.


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