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SYLVAN LAKE, ALBERTA--(Marketwired - June 13, 2014) - Lonestar West Inc. (TSX VENTURE:LSI) ("Lonestar" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing (the "Offering") of 6,061,000 common shares ("Common Shares") of the Company at a price of $3.30 per Common Share for aggregate gross proceeds of $20,001,300. The Offering was underwritten by a syndicate of underwriters co-led by National Bank Financial Inc. and Clarus Securities Inc. and including Industrial Alliance Securities Inc. (collectively, the "Underwriters"). |