Eagle Plains Resources Announces Termination of Agreement with Wellstar Energy

Cranbrook, B.C., May 23th, 2008: Eagle Plains Resources (TSX-V:EPL) announces that Wellstar Energy Corporation (WST:TSX.V) has defaulted on the performance requirements of the option agreement between Wellstar and Eagle Plains on the Kulyk and Jenny Lake uranium project in north central Saskatchewan. Eagle Plains has formally notified Wellstar that the option agreement on the 100% Eagle Plains owned property is terminated and that Eagle Plains will be seeking full payment of the outstanding monies owed to its subsidiary Bootleg Exploration Ltd. 

Pages

Share

Subscribe to Eagle Plains Resources (EPL:TSX-V) RSS