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ILST International Star Inc (PK)

0.00142
0.00002 (1.43%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
International Star Inc (PK) USOTC:ILST OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00002 1.43% 0.00142 0.0014 0.0016 0.00142 0.0013 0.0014 92,475 21:00:10

International Star, Inc. 506(C) Private Placement Well Received at Vegas Investor Conference

24/11/2015 2:25pm

Access Wire


TUCSON, AZ / ACCESSWIRE / November 24, 2015 / International Star, Inc. (OTC: "ILST"), developer of the Van Deemen Gold project in Northwest Arizona, is pleased to update shareholders on the positive response to the 506 (C) Private Placement.

The event was well attended and there were some one on one private meetings. The strong interest demonstrates the prospects of the Van Deemen and management's capability of bringing the project into production. Many of the investors were knowledgeable in the mining space and asked questions specific to timing, production processes and permitting.

Given the strong interest, the Company may increase the size of the offering. Next steps include a follow-up meeting with a broader group of investors looking to fund the full project. The meeting will take place prior to yearend in Phoenix.

In addition, we have separate investor groups, that are in the mining sector, that are in due diligence on the project.

Michael Shea, CEO stated, "Given the bearish gold price, I am pleasantly surprised at the interest. While I am encouraged, I would caution that these discussions are preliminary but overall am quite optimistic."

The Company will provide updates as events progress.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About International Star: (www.ilstholdings.com)

International Star is a mining Company with claims in the Black Mountains of NW Arizona. Its primary focus is to bring the Van Deemen gold project into production thereby generating cash flow to enable growth and sustainability.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.

CONTACT:

Michael Shea
International Star, Inc.
Phone: (203) 210-5614
Email: Mshea@ilstholdings.com
www.ilstholdings.com

SOURCE: International Star, Inc.

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