LSR 0.00% 0.1¢ lodestar minerals limited

Ann: Form 604 Substantial Holder Changes - 08-Mar-16, page-6

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    Actually more than reported for Ross himself last Friday. Ross and associated parties converted a total of 15,320,447 options at a total cost of $459,613.41.

    So that takes care of 15,320,477 of the 34,067,203 options that were outstanding at the end of December, leaving a potential 18,746,756 to be converted.

    16,666,666 more of those options are accounted for by the $500,000 underwriting agreement

    Which leaves a mere 2,080,090 options to be got across the line.

    It's a done deal basically: money in the bank.

    And the financial backing of the Underwriters and of Ross Taylor at this point speaks VOLUMES about the potential of the Camel Hills project and the hoped-for outcome of the Big Sky drilling program.

    Lodestar may never be 3c ever again!

    And still a few oppies continue to trade.. 641,000 through and buyers at 0.5c.
 
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