Star Copper Corp. Completes C$1.25M Private Placement

Star Copper Corp. announced the conclusion of the second tranche of its non-brokered private placement, securing C$1,250,310.39. This tranche involved the issuance of 2,193,527 flow-through common shares, priced at C$0.57 each. Funds raised are earmarked for advancing the Star Project in British Columbia and other exploration expenditures.

In line with the offering, Star Copper compensated certain finders with a fee comprising a 7% cash commission and non-transferable warrants, exercisable at C$0.75 per share. All securities from this offering are subject to a statutory hold period of four months and one day.

The company emphasized that these securities will not be available for sale in the U.S. unless specific exemptions apply. This statement underscores the strategic financing route Star Copper is pursuing for its exploration projects.