VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 7, 2014) - Bluestone Resources Inc. ("Bluestone", the "Company") (TSX VENTURE:BSR). Further to the Company's press release dated December 18, 2013, Bluestone advises that the terms of the Units under the loan agreement have been amended.
Each unit will be comprised of one common share in the capital of Bluestone and one transferable share purchase warrant, with each warrant being exercisable into another common share of the Company at a price of $0.05 for a period of four months, not two years as previously stated.
About Bluestone Resources Inc.
Bluestone Resources Inc. is a Canadian exploration company focused on the discovery and development of economic mineral deposits. Founded in 2004, the Company has assembled a team with the business acumen and technical expertise to identify and advance undervalued mineral exploration projects world-wide.
On behalf of the Board
Bluestone Resources Inc.
John Robins, Chair of the Board
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release includes "forward-looking information" including statements regarding the use of the proceeds of the private placement that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking information. Such forward-looking information represents management's best judgment based on information currently available. The Company does not assume the obligation to update any forward-looking information, except as required by applicable law.
Bluestone Resources Inc. is a member of the Aurora Mineral Resource Group of companies. For more information please visit www.auroraresource.com.