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EDMONTON, ALBERTA--(Marketwire - Nov. 5, 2012) - Firestone Ventures Inc. (the "Corporation") (TSX VENTURE:FV)(FRANKFURT:F5V) announced it has closed a non-brokered private placement offering of 11,380,040 units ("Units") at a price of $0.05 per Unit for gross proceeds of C$569,002. Each Unit will consist of one common share and one common share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of $0.10 per common shares with an expiry date of November 2, 2013. The common shares and Warrants are subject to a four month resale restriction which expires on March 3, 2013. |