South Star Battery Metals initiates a US$2.5M private placement for exploration/development funding, contingent on TSX Venture Exchange approval.

South Star Battery Metals Corp. is initiating a non-brokered private placement of common shares priced at US$0.43 (C$0.60) each, aiming to raise up to US$2.5 million (C$3.46 million). The funds will support exploration, development, and general working capital. The placement is contingent on customary closing conditions, including approval from the TSX Venture Exchange. The company focuses on developing battery-metal projects in the Americas, starting with its Santa Cruz Graphite Project in Brazil.

October 24, 2024
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