SmallCapNewsRelease.com:(OTCBB: LSTG) Finalizes $15 Million in Financing
JERICHO, NY--(SmallCapNewsRelease)—August 29, 2011, Lone Star Gold, Inc., (OTCBB: LSTG ) announced today that they have secured a $15 million dollar equity financing deal with North American Gold Corp.
The terms of the agreement give the company the ability to draw down against the entire amount in multiples of $100,000 which can be used specifically for funding oprating expenses, working capital, and general activitie related to exploration and development of the company’s La Candelaria property in Mexico. The agreement does not involve any debt.
To view the entire press release, please visit http://finance.yahoo.com/news/Lone-Star-Gold-Inc-Secures-15-iw-4196050857.html?x=0
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