Orestone Mining Corp.

10:51 AM EST - Orestone Mining Corp. : Announced a non-brokered private placement consisting of up to 7,000,000 units at a price of $0.15 per Unit for aggregate gross proceeds of up to $1,050,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at a price of $0.30 for one year from the date of issuance. Orestone Mining Corp.
shares V.ORS are trading unchanged at $0.16.