New Issue: Little Squaw Gold settles $2.37 million private placement including greenshoe

By Sheri Kasprzak

New York, Feb. 28 - Little Squaw Gold Mining Co. has closed its previously announced private placement with the greenshoe for $2,373,750.

The company sold 9,495,000 units at $0.25 each. Placement agent Strata Partners, LLC exercised its greenshoe for 1,495,000 units.

The units consist of one share and one half-share warrant. The whole warrants are exercisable at $0.35 for the first year, $0.50 for the second year and $0.65 for the third year.

The first tranche of the deal closed for $973,750 on Jan. 31 and the final tranche for $1.4 million closed on Feb. 24.

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:	$2,373,750
Units:	9,495,000 (includes greenshoe for 1,495,000 units)
Price:	$0.25
Warrants:	One half-share warrant per unit
Warrant expiration:	Three years
Warrant strike price:	$0.35 for the first year, $0.50 for the second year, $0.65 for the third year
Placement agent:	Strata Partners, LLC
Settlement date:	Feb. 24
Stock symbol:	OTCBB: LITS
Stock price:	$0.48 at close Feb. 24

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