Star Copper arranges $3-million LIFE offering

Executive Summary

• Star Copper Corp. announced a non-brokered private placement under the Listed Issuer Financing Exemption (LIFE) to raise up to $3 million in gross proceeds.
• The company intends to sell up to 3 million units at a price of $1.00 per unit, with each unit consisting of one common share and one common share purchase warrant.
• The offering is expected to close on or about December 10, 2025, with proceeds designated for the exploration of the Star project and general working capital.

Key Details

• Transaction Structure: Non-brokered private placement under the Listed Issuer Financing Exemption (LIFE).
• Gross Proceeds: Up to $3,000,000.
• Unit Price: $1.00 per unit.
• Quantity: Up to 3,000,000 units.
• Warrant Terms: Each unit includes one common share purchase warrant. Warrants are exercisable to acquire one common share at an exercise price of $1.20 per share.
• Warrant Expiry: 24 months from the LIFE closing date.
• Listing Status: Warrants will not be listed for trading on any stock exchange.
• Closing Date: Expected on or about December 10, 2025 (or within 45 days of the release date).
• Use of Proceeds: Advancing exploration of the flagship Star project, general working capital, and corporate purposes.
• Jurisdiction: Available to purchasers resident in all Canadian provinces except Quebec.
• Hold Period: Securities are not subject to a hold period under applicable Canadian securities laws.
• Agents: No agent or underwriter has been engaged; the company may pay finders' fees in accordance with securities laws.

Notable Quotes

• No direct quotes from management were included in the provided text.