Certain strategic investors have participated in the financing. The management team and several shareholders have also increased their positions. The support of the current shareholder group is a significant benefit to Estrella in working to achieve its goals.
Estrella issued 12 million units (a "Unit") at
The securities issued pursuant to the Offering will all be subject to a 4 month regulatory hold period expiring
Mineral exploration is inherently risky and Estrella increases the chances of success as a "Prospect Generator" focused on gold exploration in
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.
FOR FURTHER INFORMATION PLEASE CONTACT:
Estrella Gold Corporation Jason WeberPresident and CEO (604) 687-3520 (888) 889-4874 (FAX) Estrella Gold Corporation Sandrine Lam Shareholder Communications(604) 687-3520 (888) 889-4874 (FAX) www.estrellagold.com Source: Estrella Gold Corporation