Northwire Canada EditionMonday, July 27, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Financings

Star Copper closes oversubscribed private placement

STCU · Price

Executive Summary

  • Star Copper Corp. has closed its non-brokered private placement of flow-through shares, which was upsized due to investor demand.
  • The company raised total gross proceeds of $8,612,000 from the sale of 6,889,600 flow-through shares at $1.25 per share.
  • Proceeds are designated for Canadian exploration expenses on the Star project in British Columbia, specifically to fund an aggressive 2026 drill program including stepout drilling and geophysics.

Key Details

  • Total Gross Proceeds: $8,612,000
    • Initial tranche: $7,306,000 from 5,844,800 shares.
    • Upsized tranche: $1,306,000 from 1,044,800 additional shares.
  • Share Price: $1.25 per flow-through (FT) share.
  • Total Shares Issued: 6,889,600 FT shares.
  • Use of Proceeds: Incurring Canadian exploration expenses classified as flow-through critical mineral mining expenditures on the Star project.
  • Operational Plan: Funds will support an aggressive 2026 drill program, including:
    • Expanded stepout drilling.
    • Deeper testing of priority targets.
    • Follow-up drilling.
    • Three-dimensional geological modelling.
    • Planned deep-penetrating 3-D geophysics.
  • Finder’s Fees: Cash fees totaling $420,332.50 were paid in connection with subscriptions.
  • Hold Period: All securities have a hold period of four months and one day from the date of issuance.
  • Charity Units: The private placement of charity flow-through units, announced on March 3, 2026, is continuing.
  • Tax Status: Shares issued as flow-through shares as defined in Subsection 66(15) of the Income Tax Act (Canada).
Read the original news release →

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