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News Release - Monday, December 20, 2010
Firestone Ventures Announces Non-Brokered Private Placement
December 20, 2010 - Firestone Ventures Inc. ("Firestone" or the "Corporation") (FV: TSX-V; F5V:FSE) announced today it intends to proceed with a non-brokered private placement offering of up to 10,000,000 units ("Units") at a subscription price of $0.10 per Unit for gross proceeds of up to CD$1,000,000. Each Unit will consist of one (1) common share and one-half (1/2) of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase one common share for a price of $0.15 for a period of 24 months from closing. The securities to be issued will be subject to a four month resale restriction. The closing is anticipated for mid-January 2011.

The Private Placement will be conducted in reliance upon certain prospectus and registration exemptions. The net proceeds from the placement will be used for exploration on existing properties in Nevada and Guatemala and for general working capital.

The Corporation may pay, in accordance with all regulatory requirements, finder's fees to agents for obtaining subscriptions for Units pursuant to TSX Venture Exchange Policy. Completion of the offering is subject to all required regulatory approvals, including the acceptance of the TSX Venture Exchange.

Firestone Ventures Inc. is a Canadian-based resource exploration and development company with zinc-lead-silver projects in Central America and Nevada, U.S.A. The common shares of the Company are currently listed on the TSX Venture Exchange (symbol FV) and the Frankfurt Stock Exchange (symbol F5V).

For further information please contact:

Lori Walton, P. Geol., President

Toll Free: 1-888-221-5588
Fax: (780) 428-3476
info@firestoneventures.com
www.firestoneventures.com
Trading Symbol: FV: TSX-V; F5V: FSE

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright � 2010 FIRESTONE VENTURES INC. (FV) All rights reserved. For more information visit our website at http://www.firestoneventures.com/ or send email to info@firestoneventures.com ..
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In the News and Medias of Firestone Ventures
2/5/2009Firestone Ventures Reviews 2008 and Begins 2009 Field Season
Annual reports of Firestone Ventures
2008 Annual report
Annual Report 2007
Financings of Firestone Ventures
11/5/2012Announces Closing of Private Placement
9/13/2012Announces Non-Brokered Private Placement
2/16/2012Closes Private Placement and Extends Expiry Date of Outstand...
12/22/2011Announces Private Placement First Closing
4/18/2011Finavera Wind Energy Closes Over-Allotment Option on Flow-Th...
12/21/2010Announces Non-Brokered Private Placement
6/28/2008and Northern Tiger Resources Inc. - Completion of Plan of Ar...
4/10/2006Announces private placement
Nominations of Firestone Ventures
6/18/2012Appoints New Directors and Chairman and Announces AGM Result...
4/3/2012Appoints Dr. K. Barron and Mr. T. Tucker to Advisory Board
12/20/2011Announces Executive Vice President Appointment
5/22/2006announces CFO appointment
Financials of Firestone Ventures
6/27/2011Finavera Wind Energy Provides Corporate Update and Releases ...
Project news of Firestone Ventures
4/24/2013Files Positive Preliminary Economic Assessment Technical Rep...
7/21/2010(Antelope Project)Expands Antelope Zinc-Lead-Silver Property and Starts Fieldw...
6/24/2010(Quetzal)Intersects 10 Metres Grading 20.0% Zinc, 1.2% Lead and 13.9 ...
5/18/2010Reports High-Grade Zinc-Lead-Silver Assays from Quetzal Proj...
9/9/2009(Torlon Hill)Announces Exploration Plans for Zinc Properties in Guatemala
7/16/2009(Torlon Hill)Defines new Zinc-Lead-Silver Soil Anomaly at Torlon Hill
4/3/2009(Torlon Hill)Completes Phase One of Exploration Program
1/13/2009(Torlon Hill)43-101 Technical Report on Torlon Hill Zinc-Lead Project
12/10/2008(Torlon Hill)Completes Additional Positive Metallurgical Testwork on the ...
11/18/2008(Torlon Hill)Announces Torlon Hill Zinc-Lead Resource Estimate
9/17/2008(Torlon Hill)Completes Positive First Round of Metallurgical Testwork on ...
7/25/2008(Torlon Hill) drills four m of 16.15% Zn at Torlon Hill
7/24/2008(Torlon Hill)Intersects 4.00 Metres of 16.15% Zinc and Expands Area of Hi...
6/2/2008(Torlon Hill)Intersects 6.63 Metres of 29.41% Zinc, 5.50% Lead at Torlon ...
5/28/2008(Torlon Hill)Project Update
4/15/2008(Torlon Hill)Intersects 19.81 Metres of 10.01% Zinc, 4.66% Lead at Torlon...
4/15/2008(Torlon Hill)Intersects 19.81 Metres of 10.01% Zinc, 4.66% Lead at Torlon...
3/19/2008Intersects 15.3 metres of 10.1% Zinc including 2.7 metres of...
3/3/2008(Sonora Gulch)Plans Spin-out of Canadian Properties and Signs Memorandum o...
2/26/2008(Torlon Hill)Update on Firestone Ventures 2008 Drilling Program at Torlon...
2/1/2008Identifies New Drill Targets Adjacent to Torlon Hill
4/5/2006Intersects 33 metres grading 22% Zinc at Torlon Hill
Corporate news of Firestone Ventures
3/28/2013(Torlon Hill)Announces Consolidation of Torlon Hill Ownership through Ame...
3/6/2013(Torlon Hill)Releases Positive Preliminary Economic Assessment for the To...
1/28/2013Announces Private Placement Offering and Stock Option Grant
1/14/2013Announces Acquisition of Whale Cove Projects South of Northq...
12/5/2012Completes Site Visit with Minéro Mining to Advance Torlon Zi...
10/17/2012Announces Mr. Ted Yates as Metal Advisor
9/24/2012Announces Business Alliance with Minero Mining to Advance To...
6/8/2011Spring 2011 Exploration Update
3/11/2011Finavera Wind Energy Inc. Prices Previously Announced Flow-T...
3/2/2011Extends Expiry Date of Outstanding Warrants
9/23/2010Defines 4 km Zinc Corridor on Antelope Property, Nevada
2/1/2010Results from Quetzal Zinc-Lead-Silver Project
1/12/2010Acquires Antelope Zinc-Lead-Silver Oxide Property, Nevada
4/13/2010Identifies Zinc-Lead-Silver Soil Anomalies
2/5/2009Reviews 2008 and Begins 2009 Field Season
12/8/2008Update for 2008/2009 Field Season
10/24/2008in the Media: Minesite.com Europe's leading mining portal
10/17/2008President's Letter To The Shareholders
10/18/2008Corporate Update
9/10/2008Current Market Conditions
7/22/2008' Spin-out, Northern Tiger Resources, begins exploration in ...
6/23/2008Shareholders Approve Plan of Arrangement
6/14/2008Trading Halt Requested Pending Shareholder Meeting to Consid...
5/27/2008Corporate Update
1/21/2008Commences Drilling at Torlon Hill Zinc-Lead Project
12/5/2007Acquires 100% Interest in the Sonora Gold Project, Yukon
3/20/2006zinc rises to record levels: Bloomberg
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TSX-V (FV.V)Other OTC (FSVEF.PK)
0.040+0.00%0.0500
TSX-V
CA$ 0.040
05/17 13:41 -
0%
Prev close Open
0.040 0.040
Low High
0.040 0.040
Year l/h YTD var.
0.030 -  0.100 -20.00%
52 week l/h 52 week var.
0.010 -  0.100 -%
Volume 1 month var.
10,000 -%
24hGold TrendPower© : -2
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