Lustros, Inc. (fka LSTS)

[sidedraft]

Progress in Lustros' legal woes:

ITEM 8.01 OTHER EVENTS
On February 2, 2015, our Chilean counsel reported the following with regard to the ongoing arbitration of the Congo Project*. The Chilean representatives of Lustros were served with an interim ruling that revoked the following measures previously put in place:

· Injunction over the 600,000 shares in Sulfatos Chile S.A.
· Injunction over any and all credit that Lustros had/has against Sulfatos Chile S.A.
· Injunction over all funds that belong to Lustros under the current merchant account (cuenta corriente mercantil) with Sulfatos Chile S.A.
· Injunction over Lustros’ share in Bluestone SpA.

Lustros Chile SpA continues to vigorously defend against the actions taken and is working through its Chilean attorneys to resolve this matter as soon as reasonably possible. As further developments arise, they will be reported on a current basis.

*The Congo Project consists of 80.4 hectares of land in the Santiago Metropolitan Area

http://ih.advfn.com/p.php?pid=nmona&article=65346071&symbol=LSTS