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Posted by
Two Blokes April 23, 2025 -
Filed in
Stock
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Vancouver, British Columbia--(Newsfile Corp. - April 22, 2025) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), announces that it has entered into a settlement agreement with Silver One Resources Inc. ("Silver One") whereby the Company and Silver One have agreed to a complete settlement of the $1,250,000 indebtedness (the "Indebtedness") owed by the Company to Silver One under a share purchase agreement dated November 19, 2020, as amended, and certain promissory notes dated March 2, 2021. In consideration of Silver One's release of the Indebtedness, the Company has agreed to pay $50,000 to Silver One and issue 3,000,000 common shares of the Company (the "Shares") to Silver One at a deemed price of $0.05 per Share.
