TSXgroup

January 8, 2009

LONESTAR WEST INC. ("LSI")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: January 8, 2009
TSX Venture Tier 1 Company

The Company's Initial Public Offering ('IPO') Prospectus dated November 27, 2008, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on November 27, 2008, pursuant to the provisions of the Alberta and Ontario Securities Acts.

The gross proceeds received by the Company for the Offering were $1,215,500 (2,431,000 shares at $0.50 per share).

The Company is classified as a "Support Activities for Mining and Oil and Gas Extraction" company.

Commence Date: At the opening Friday, January 9, 2009, the common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Canada

Capitalization: Unlimited common shares with no par value of which 12,921,235 common shares are issued and outstanding.
Escrowed Shares: 8,414,500 common shares
178,673 warrants

Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: LSI
CUSIP Number: 54238U 10 4

Sponsoring Member: Standard Securities Capital Corporation

Agent's Fee: 8% of the gross proceeds raised pursuant to the Offering which exceeds $975,000

Agent's Option: Agent's Option to acquire 135,980 shares at an exercise price of $0.50 per share until December 17, 2010, being 5% of the total number of shares sold pursuant to the Minimum Offering and 8% of the total number of shares sold under the Offering on the amount raised which exceeds the Minimum Offering.

For further information, please refer to the Company's Prospectus dated November 27, 2008.

Company Contact: David Prussky, Director
Company Address: 900 - 95 Wellington Street West, Toronto, Ontario M5J 2N7

Company Phone Number: (416) 865-0123
Company Fax Number: (416) 865-9550
Company Email Address: dprussky@patica.ca