Original News Release
Metalsource enters $50,000 loan
Mr. Joseph Cullen reports
METALSOURCE ANNOUNCES LOAN AGREEMENT
Metalsource Mining Inc. has entered into a loan agreement with an arm's-length third party pursuant to which the company shall borrow from the lender $50,000 at a 5-per-cent per annum interest rate. In addition, the company shall issue the lender 25,000 warrants, exercisable at 20 cents per share for a term of two years.
About Metalsource Mining Inc.
The company is engaged in acquisition, exploration and development of mineral property assets. The company's objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Aruba property. The Aruba property is located in the Kalahari Desert region of Botswana, covering 4,663 square kilometres in an area prospective for platinum group metals, gold, silver and manganese mineralization.
We seek Safe Harbor.
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