International Star Inc. is a mining and exploration company focused on creating exceptional shareholder value through the acquisition of undervalued precious metal assets that can become rapidly cash generative, self-funding exploration and establishing and maintaining high operating margins by being a low cost producer. The company’s core asset is the Van Deemen Project in Northwestern Arizona with a historic resource of 34,000 oz of contained gold. The management’s extensive international experience allows it to seek out opportunities throughout safe and mining friendly countries including the US, South America, Mexico and Canada. The Company’s mission is to focus on high-margin projects where it can achieve rapid production ramp-ups from restarts, turnaround situations or late stage development. International Star’s goal is to achieve critical mass in top-rated jurisdictions.
International Star, Inc. Announces up to $7.5 Million 506(C) Private Placement
International Star, Inc. (OTC: "ILST"), developer of the Van Deemen Gold project in Northwest Arizona, announced today that it has commenced a non-brokered private placement for up to $7.5 Million offering solely to accredited investors (the "Offering") under Rule 506(c) of Regulation D promulgated by the SEC under the Securities Act.
ILST’s Van Deemen Project Featured in Chinese Publication
Stratum Resources is assisting ILST in obtaining financing in Australia and the Far East. They were able to arrange an article in the Aug 30 issue of China Non Ferrous Metal News. http://www.cnmn.com.cn/ShowNews1.aspx?id=353447 on the Van Deemen gold project in Northwestern Arizona. With limited domestic resources and growing demand, Chinese companies are currently looking to invest in overseas assets as the gold price rebounds after touching the lowest in almost 6 years in December.