March 11 (Reuters) - Lodestar Minerals Ltd LSR.AX :
* LSR EXPECTS TO CONTINUE TO HAVE NEGATIVE OPERATING CASH FLOWS FOR FORESEEABLE FUTURE
* LODESTAR MINERALS - BOARD CURRENTLY IN DISCUSSION WITH SEVERAL PARTIES ON POTENTIAL JV AGREEMENTS FOR VARIOUS ASSETS HELD BY COMPANY
* LODESTAR MINERALS - BOARD HAVE ADDITIONALLY RECENTLY RECEIVED EXPRESSIONS OF INTEREST FROM PARTIES TO PROVIDE DIRECT PLACEMENT FUNDING TO CO
* LSR EXPECTS TO BE ABLE TO CONTINUE ITS OPERATIONS & MEET ITS BUSINESS OBJECTIVES