LAS VEGAS, Jan. 27, 2005 (PRIMEZONE) -- Nu Star Holdings, Inc. (Pink Sheets:NSHJ) announced today that it has accepted the resignation of Isaac B. Morley and has appointed Daryl Rasmussen as its new president.
Mr. Rasmussen has been a business consultant for the past 30 years and has vast experience in marketing as well as administration.
For further information, please contact Nu Star Holdings, Inc. +1-702-366-0017
CAUTIONARY STATEMENT:
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements." All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. Penny stock investments are risky, with no guarantees of market for the securities. Investors are cautioned to proceed only after obtaining advice from investment professionals.