Estrella International Energy Services Ltd. (Formerly Everest Ventures Corp.) Announces Closing of Qualifying Transaction

- June 29th, 2010

Estrella International Energy Services Ltd. (formerly, Everest Ventures Corp.) (TSX VENTURE:EEN) is pleased to announce that on June 25, 2010, it completed its previously announced proposed Qualifying Transaction with Estrella Overseas Limited pursuant to a merger agreement dated April 30, 2010 whereby its wholly-owned subsidiary in the British Virgin Islands, Everest (BVI) Limited, merged with Estrella.

Estrella International Energy Services Ltd. (formerly, Everest Ventures Corp.) (TSX VENTURE:EEN) announced that on June 25, 2010, it completed its previously announced proposed Qualifying Transaction with Estrella Overseas Limited pursuant to a merger agreement dated April 30, 2010 whereby its wholly-owned subsidiary in the British Virgin Islands, Everest (BVI) Limited, merged with Estrella.

The press release is quoted as saying:

As a result, Estrella is now a wholly-owned subsidiary of EIES. The Merger constitutes EIES’ “Qualifying Transaction” (as such term is defined under the policies of the TSX Venture Exchange (the “Exchange”)).

Click here to access the entire press release

Click here to access Estrella International Energy Corporate Site

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