VANCOUVER, April 23, 2020 /CNW/ – Bluestone Resources Inc. (TSXV:BSR | OTCQB:BBSRF) (“Bluestone” or the “Company”) announced
today that it has entered into an agreement with a syndicate of
underwriters led by Canaccord Genuity Corp. (the “Underwriters”),
pursuant to which the Underwriters will purchase, on a bought deal
basis, 45,720,000 common shares (the “Common Shares”) of the Company at a
price of C$1.75 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$80,010,000 (the “Offering”).
Lundin Fils gets pocket money.