Lonestar West Inc. Announces $10,140,000 "Bought Deal" Financing

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Lonestar West Inc. ("Lonestar West" or the "Company") (TSX VENTURE:LSI) is
pleased to announce that it has entered into an agreement with a syndicate of
underwriters led by Clarus Securities Inc. and including Industrial Alliance
Securities Inc. (collectively, the "Underwriters") to issue, on a bought deal
private placement basis, 3,900,000 common shares of the Company at a price of
$2.60 per common share, for aggregate gross proceeds of $10,140,000. The
Underwriters are entitled to receive a cash fee on the sale of the securities
equal to 5% of the aggregate gross proceeds raised in the private placement.


Lonestar West plans to use the net proceeds of this offering for general
corporate purposes.


The offering is scheduled to close on or about July 31, 2013, and is subject to
certain conditions including, but not limited to, the receipt of all necessary
approvals including the approval of the TSX Venture Exchange. The securities to
be issued under this offering will be offered by way of private placement
exemptions in all the provinces of Canada, and in the United States on a private
placement basis pursuant to exemptions from the registration requirements of the
United States Securities Act of 1933, as amended.


The securities being offered have not, nor will they be registered under the
United States Securities Act of 1933, as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of, U.S. persons
absent U.S. registration or an applicable exemption from the U.S. registration
requirements. This release does not constitute an offer for sale of securities
in the United States.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Based in Sylvan Lake, Alberta, Lonestar West operates a fleet of 53 HVAC and
vacuum trucks throughout Western Canada and recently expanded into California
and Oklahoma. It is focused on profitably growing its HVAC services to become a
major competitor in the North American market.


For more information, please visit the Lonestar West website at
www.lonestarwest.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lonestar West Inc.
James Horvath
President and Chief Executive Officer
(403) 887-2074
info@lonestarwest.com
www.lonestarwest.com

Lonestar West Inc. (TSXV:LSI)
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