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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 20, 2013) - Orestone Mining Corp. (TSX VENTURE:ORS) (the "Company") is pleased to announce that the non-brokered private placement announced on June 6th, 2013 has closed. The Company has issued 1,779,410 units ("Units") at a price of $0.085 per Unit for aggregate gross proceeds of $151,250 (the "Private Placement"). Each Unit consisted of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant ("Warrant") will be exercisable for one common share of the Company at a price of $0.14 until June 20, 2014. |