GSL Greystar

 
TIDMGSL 
 
Greystar Resources Receives C$6.1 Million From Exercise of Warrants By IFC 
FOR:  GREYSTAR RESOURCES LTD. 
 
TSX, AIM SYMBOL:  GSL 
 
February 8, 2010 
 
Greystar Resources Receives C$6.1 Million From Exercise of Warrants By IFC 
 
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2010) - Greystar Resources Ltd. (the "Company") 
(TSX:GSL)(AIM:GSL) is pleased to announce that the Company has received proceeds of C$6,093,947 from 
the exercise of 2,467,185 common share purchase warrants at a price of C$2.47 per share. The share 
purchase warrants were associated with the Company's financing completed with IFC (International 
Finance Corporation), a member of the World Bank Group, on March 20, 2009. Following the warrant 
exercise, IFC's position in Greystar totals 9,046,346 shares or 10.76% of the Company's issued and 
outstanding shares. To date, IFC has not sold any shares that it has purchased in Greystar. IFC 
continues to hold an additional 2,467,185 common share purchase warrants exercisable at a price of 
C$2.47 per share which expire on March 20, 2014. As of February 8, 2010 the Company had approximately 
C$125 million in cash and no debt. 
 
About IFC 
 
IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve 
their lives. IFC fosters sustainable economic growth in developing countries by supporting private 
sector development, mobilizing private capital, and providing advisory and risk mitigation services to 
businesses and governments. IFC's new investments totaled $14.5 billion in fiscal 2009, helping 
channel capital into developing countries during the financial crisis. For more information, visit 
www.ifc.org. 
 
About Greystar Resources Ltd. 
 
Greystar Resources Ltd. is a precious metals exploration and development company that is currently 
completing a feasibility study on its wholly owned, multi-million ounce Angostura gold-silver deposit 
in northeastern Colombia. A positive prefeasibility study announced on March 25, 2009 envisions 
average annual production at Angostura of 511,000 ounces of gold and 2.3 million ounces of silver over 
a 15 year mine life. 
 
Forward-Looking Statements 
 
Certain statements in this news release are "forward-looking" within the meaning of Canadian 
securities legislation. They include statements regarding the intended use of proceeds of the Warrant 
exercises. Forward-looking statements are necessarily based upon a number of estimates and assumptions 
that, while considered reasonable by the Company, are inherently subject to significant business, 
economic, competitive, political and social uncertainties and other contingencies. Many factors could 
cause the Company's actual results to differ materially from those expressed or implied in the forward- 
looking statements. These factors include, among others, conclusions or realization of mineral 
resources, the actual results of exploration activities, possible variations in ore grade or recovery 
rates, fluctuations in the price of gold and silver, risks relating to additional funding 
requirements, political and foreign risks, production risks, environmental regulation and liability, 
government regulation as well as other risk factors set out under the heading "Risk Factors" in the 
Company's final short form prospectus dated September 22, 2009 which is available on SEDAR at 
www.sedar.com. Investors are cautioned not to put undue reliance on forward-looking statements due to 
the inherent uncertainty therein. 
 
 
-30- 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Greystar Resources Ltd. 
Geoff Chater 
Vice President 
(604) 614-7830 
info@greystarresources.com 
www.greystarresources.com 
 
OR 
 
Investor Relations Contact: 
Renmark Financial Communications Inc 
John Boidman 
(514) 939-3989 
jboidman@renmarkfinancial.com 
 
OR 
 
Renmark Financial Communications Inc 
Dan Symons 
(416) 644-2020 
dsymons@renmarkfinancial.com 
www.renmarkfinancial.com 
 
OR 
 
London NOMAD Contact: 
NCB Stockbrokers Limited 
Christopher Caldwell 
+44 (0) 20 7071 5200 
christopher.caldwell@ncb.ie 
 
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and 
neither accepts responsibility for the adequacy or accuracy of this news release. 
 
 
 
 
Greystar Resources Ltd. 
 

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