Original News Release
Starlo Ventures closes $750,000 private placement
Mr. Patrick DeWitt reports
STARLO ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT
Starlo Ventures Ltd. has closed its non brokered private placement (previously announced on Oct. 10, 2025) of 15 million units of the company at a price of five cents per unit for aggregate gross proceeds of $750,000. Each unit consists of one common share and one common share purchase warrant exercisable to purchase one common share at a price of five cents until Nov. 6, 2028.
In accordance with Canadian Securities Exchange policies, the company has received approval for the issuance by written consent of shareholders holding 79 per cent of the issued and outstanding shares of the company. All securities issued under the private placement will be subject to statutory hold periods expiring March 7, 2026.
The company intends to use the net proceeds raised from the private placement for general corporate working capital purposes.
We seek Safe Harbor.
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