LSR 0.00% 0.2¢ lodestar minerals limited

$550,000 of the funds raised will be used to repay debt and...

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    $550,000 of the funds raised will be used to repay debt and $275,000 will be used towards the
    Earaheedy drilling program and for general working capital purposes.

    What it doesn't say in the announcement is that the loan repayment was part of the placement showing confidence in the company by the lenders.
 
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