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Saskatchewan

Dark Star Minerals completes private placement

Dark Star Minerals (CSE:BATT) has completed a C$337,500 ($343,240) private placement to fund its uranium exploration activities based in Canada.

The company issued 4.5 million flow-through units at C$0.075 per unit. 

Each unit contains one common share and one share purchase warrant. The warrants can be exercised for Dark Star shares at C$0.10 per share for three years.

As disclosed previously, the company intends to use the proceeds to incur resource exploration expenses in Canada.

Dark Star Minerals is an exploration company focused on the strategic acquisition and advancement of uranium and critical mineral resources.

Write to Jackson Chen at Mining.com.au

Image: Pixabay
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Written By Jackson Chen
Jackson is a Canadian-based writer with over a decade of experience covering the global mining industry. Over the years, he has reported on a wide range of topics, from commodities and major industry deals to emerging technologies shaping the future of mining. Jackson holds a Master's degree in economics.