on Star Copper Corp. (CVE:STCU)
Star Copper Completes $4 Million LIFE Offering
Star Copper Corp. has finalized a non-brokered private placement, generating C$3,999,999 through the sale of 2,666,666 flow-through units at C$1.50 per unit. This LIFE Offering was conducted under the Listed Issuer Financing Exemption.
Each unit comprises one flow-through common share and one purchase warrant, eligible for conversion into common shares at C$1.60 within 24 months. The funds raised will be invested in the exploration of Star Copper's flagship Star Project in British Columbia.
In compliance with National Instrument 45-106, the offering was accessible to investors in Canada, excluding Quebec, and faced no resale restrictions under Canadian securities laws. Canaccord Genuity Corp., acting as a finder, received a cash fee and additional warrants for facilitating the investments.
R. P.
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