Star Copper (CSE:STCU) is conducting a non-brokered private placement to raise C$4 million ($4.46 million) for exploration across its Canadian asset portfolio.
As part of the placement, flow-through (FT) units will be issued at $1.50 per FT unit. Each FT unit comprises one flow-through common share and one flow-through common share purchase warrant, exercisable at C$1.60 for a 24-month period.
The offering is expected to close on or about 6 August 2025.
Star Copper will use the proceeds to incur exploration expenses that are flow-through critical mineral mining expenditures at its flagship Star Project in British Columbia.
The Star project is located within the Golden Triangle, which is a loosely defined region that hosts numerous gold, silver, and copper deposits in northwestern British Columbia. Star is considered an advancing copper-gold system with potential for extension laterally and at depth.
Star Copper is a Canadian mineral explorer focused on advancing its portfolio of projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Star Copper
