Orestone Mining Corp.
TSX VENTURE : ORS

Orestone Mining Corp.

November 09, 2010 18:01 ET

Orestone Announces Issuance of Shares Under Option Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2010) - Orestone Mining Corp. (TSX VENTURE:ORS) ("Orestone" or the "Company") announces that it has issued 150,000 shares in connection with its agreement dated November 10, 2009 with Kootenay Gold Inc. whereby the Company has the option to earn 60% of Kootenay's 100% interest in the Connor Creek gold property (the "Property") located in the Nelson Mining Division, British Columbia. The shares are subject to a four month hold period expiring on March 10, 2011.

In order to earn its 60% interest, the Company must expend an additional $700,000 on the Property and issue an additional 450,000 shares in the capital of the Company to Kootenay by November 10, 2013.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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