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Star Copper Corp
Symbol STCU
Shares Issued 21,281,026
Close 2025-03-03 C$ 0.305
Market Cap C$ 6,490,713
Recent Sedar Documents

Star Copper arranges $2-million private placement

2025-03-04 04:21 ET - News Release

Mr. Darryl Jones reports

STAR COPPER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Star Copper Corp. intends to conduct a non-brokered private placement of up to eight million units of the company at a price of 25 cents per unit for gross proceeds of up to $2-million.

Each unit will be composed of one common share of the company and one common share purchase warrant, with each warrant exercisable to acquire one common share of the company at a price of 32 cents per share for a period of 24 months from the date of issuance. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. The company may pay finders' fees in connection with the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Completion of the offering is subject to customary conditions and the receipt of all necessary approvals.

The company intends to use the net proceeds of the offering for project evaluation, for general working capital purposes, and to satisfy existing property commitments and payables.

Further to the Feb. 14, 2025, news release, the company also announces that it is delaying the commencement of its consulting service agreement with Upswitch Media Corp. from March 15, 2025, to April 15, 2025.

About Star Copper Corp.

Star Copper is focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions. The company is positioned to earn a 60-per-cent interest in the Indata copper-gold project located in north-central British Columbia. After the acquisition of Cavu Energy Metals, the company has acquired 100 per cent of the Star copper-gold porphyry project in the Golden Triangle of British Columbia, as well as the 100-per-cent-owned Quesnel project in the middle of the Quesnel trough, host to a number of alkalic copper-gold porphyry deposits running northwest across western British Columbia. The company also holds a 100-per-cent interest in the copper-molybdenum Okeover project north of Powell River.

We seek Safe Harbor.

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