Vanstar Completes a $150,000 Financing
June 03 2013 - 10:13AM
Marketwired Canada
Vanstar Mining Resources inc. ("Vanstar") (TSX VENTURE:VSR) announces that it
has completed a $150,000 financing.
The financing consists of 150 units at a purchase price of 1,000 $ per unit.
Each unit consists of 20,000 common shares at a price of $0.05 per share and
20,000 common share purchase warrants. Each whole warrant will allow the holder
to purchase one additional common share in the capital of Vanstar for a period
of 2 years from the date of issuance, at a purchase price of $0.10 per share.
These funds will be allocated for general working capital purposes. 3 insiders
participated to this offering.
The securities issued as part of this financing will be subject to a minimum
hold period ending October 4, 2013 and are subject to the approval of the TSX
Venture exchange.
FOR FURTHER INFORMATION PLEASE CONTACT:
Guy Morissette
CEO
819-763-5096
www.vanstarmining.com
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