Redstar Gold Corp. (TSX-V: RGC) has closed the purchase and sale agreement with International Tower Hill Mines Ltd. (AMEX: THM). Redstar will receive $250,000 and 200,000 shares of ITH for the sale of the Bullfrog project. The transaction is valued at about $1,440,000. The transaction gives Redstar enough financial footing without having to do equity financing in the near future.
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About Redstar Gold Corp.
Redstar is a junior exploration company focused on gold and silver exploration in Nevada and Red Lake. Redstar currently has ten projects in Nevada and one in Red Lake, Ontario.
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