Lodestar Metals Announces Private Placement Offering of $1,500,000

Core Viewpoint - Lodestar Metals Corp. is conducting a non-brokered private placement financing to raise $1,500,000 through the issuance of 7,500,000 units at a price of $0.20 per unit, aimed at advancing its exploration activities in Nevada [1][4]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.30 for 18 months [2]. - Integrity Capital Group Inc. has been engaged as a finder for the offering, with a potential finder's fee of up to 8% cash and 8% in finder's warrants, reduced to 3% for certain identified investors [3]. Use of Proceeds - The proceeds from the offering will be allocated to exploration and drilling activities on the Gold Run Property, as well as for working capital purposes [4]. Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Goldrun Project in Nevada, which is strategically located on a major Carlin-style gold trend and near significant gold deposits [6]. - The company's strategy emphasizes a disciplined approach to discovery, focusing on high-value targets and building a compliant gold resource to enhance shareholder value [6].