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File: 0005 PRESS Announcing Shares for Debt.docx
PINESTAR GOLD INC. ANNOUNCES SHARES FOR DEBT SETTLEMENT
VANCOUVER, BC, June 30, 2014 - Pinestar Gold Inc. (TSXV:PNS) (the "Company") announces that it intends to settle outst
--->anding debt in respect of unpaid management fees in the amount of $25,000 by the issuance of 500,000 common shares in
--->the capital of the Company at a deemed price of $0.05 per common share. The debt settlement is subject to the approva
--->l of the TSX Venture Exchange.
For further information please contact:
PINESTAR GOLD INC.
Jeremy Ford
President, Chief Executive Officer, and director
Email: pinestargold@gmail.com
Tel: (604) 647-4487
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Ven
--->ture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements that are based on the Company's current expectations and estimat
--->es. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "b
--->elieve", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or
--->conditions "may" or "will" occur, and include, without limitation, statements regarding the completion of the above-no
--->ted debt settlement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors
---> that could cause actual events or results to differ materially from estimated or anticipated events or results implie
--->d or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which i
--->t is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation
---> to update any forward-looking statement, whether as a result of new information, future events or results or otherwis
--->e. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be pu
--->t on such statements due to the inherent uncertainty therein.
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