The Company's prospects continue to further improve and with the...

The Company's prospects continue to further improve and with the support and direction from Creafin & Associates, we believe that FairStar will be in receipt of final approval and commence drawdown of funds and march towards production.

As a matter subsequent to 30th June 2014, I am pleased to confirm that we have signed a Convertible Note Agreement with I-World International Group Limited, of Taiwan. They have committed to invest up to $ 10,000,000.00 over the next few weeks. FairStar Resources continues to motor on being assured and encouraged by our partners and investors. Their confidence in SHIP, and FairStar, confirms that while we have a period of depressed prices for iron ore, the project financials point to a viable project and solid profit margins which will bode well for all shareholders.

Pure magic!