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Estrella Gold Announces Increase of Private Placement to $1.1 Million

Investing News Network
Oct. 03, 2012 01:56PM PST
Gold Investing

Estrella Gold Corporation(TSXV:EST) announced that its previously announced private placement has been oversubscribed. The placement has increased to 7,555,000 units and is fully subscribed.

Estrella Gold Corporation(TSXV:EST) announced that its previously announced private placement has been oversubscribed. The placement has increased to 7,555,000 units and is fully subscribed.

As quoted in the press release:

Estrella will use the proceeds on several strategic fronts which include:
(i) advancing three of Estrella’s gold targeted Peruvian properties;
(ii) continuing Joint Venture negotiations on current projects;
(iii) exploring 4 licenses under application in the Dominican Republic; and,
(iv) for working capital and general corporate purposes.

Click here to read the Estrella Gold Corporation (TSXV:EST) press release

See this press release on Marketwire
Click here to see the Estrella Gold Corporation (TSXV:EST) profile

tsxv-est estrella-gold-corporation private-placement joint-venture
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