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Lone Star Releases Project Timeline for La Candelaria

Investing News Network
Dec. 28, 2011 10:08AM PST
Gold Investing

Lone Star Gold Inc. (OTCBB:LSTG) announced a project and funding plan for its Mexico-based La Candelaria project.

Lone Star Gold Inc. (OTCBB:LSTG) announced a project and funding plan for its Mexico-based La Candelaria project.

As quoted in the press release:

To help fund these exploration activities, Lone Star exercised a 3rd $200,000 ‘Put Notice’ ($600,000 drawn in total to date), against the USD$15 million line of equity agreement the Company entered into on August 26th, 2011. Recent funds were received on Dec 27th, 2011 and in return for the draw down 273,972 Lone Star shares will be issued to North American Gold today.

Click here for the Lone Star Gold Inc. (OTCBB:LSTG) press release.

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