11:54 AM EST - Bluestone Resources Inc. : Has entered into an engagement agreement with Cormark Securities Inc., who will act as lead agent on behalf of a syndicate of agents, to carry out a best efforts private placement of subscription receipts. It is anticipated that the Offering shall raise aggregate gross proceeds to the Company of a minimum of $40,000,000. The Company intends to use the net proceeds of the Offering to fund the Acquisition, the development of Cerro Blanco and for general corporate purposes. Bluestone Resources Inc.
shares V.BSR are trading unchanged at $0.10.
