New Issue: Little Squaw wraps $3.01 million private placement of units

By Laura Lutz

Des Moines, Jan. 3 - Little Squaw Gold Mining Co. closed a private placement of units for $3,012,002.

The company sold 3,012,002 units of one share and one half-share warrant. Each whole warrant is exercisable at $1.50 at two years.

Expiry of the warrants may be accelerated to five days if the closing price of the company's shares is at least $2.00 for five consecutive trading days.

Based in Spokane, Wash., Little Squaw is a gold exploration company.

Issuer:	Little Squaw Gold Mining Co.
Issue:	Units of one share and one half-share warrant
Amount:	$3,012,000
Units:	3,012,000
Price:	$1.00
Warrants:	One half-share warrant per unit
Warrant expiration:	Two years
Warrant strike price:	$1.50
Settlement date:	Dec. 27
Stock symbol:	OTCBB: LITS
Stock price:	$1.42 at close Dec. 27

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