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Estrella Gold Corporation (TSXV:EST) announced the appointment of Mr. Jason Weber as President and CEO. The Company also announced a financing of $500,000.
As quoted in the press release:
Mr. Weber comes to Estrella with over 20 years of experience in mineral exploration, project and corporate development, marketing and financing junior companies. Most recently he held the position of President and CEO of Kiska Metals Corporation, where he was responsible for the exploration and development of the company’s Whistler gold-copper porphyry project in Alaska as well as advancing gold and copper projects in Kiska’s exploration portfolio through option/joint venture agreements.
Each $0.05 Unit consists of one common share and one common share purchase warrant which allows the holder to buy one common share per warrant held for a period of 3 years at $0.10 per share. Insiders are buying at least 20% of this offering. Estrella will issue a maximum of 10 million units at this price to avoid further dilution. Estrella has not raised any funds since October 9, 2012 and has 31.65 million common shares outstanding, 10.45% of which are held by insiders.
Click here to read the Estrella Gold Corporation (TSXV:EST) press release
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