CRYPTOSTAR CORP. ANNOUNCES EXTENSION OF PRIVATE PLACEMENT OFFERING

Executive Summary

• CryptoStar Corp. applied to the TSX Venture Exchange to extend the closing date of its non‑brokered private placement to December 29, 2025 (or earlier).
• The offering targets gross proceeds of up to $2,250,000 at $0.015 per Unit/Share, with each Unit containing one Share and one 60‑month warrant exercisable at $0.05.
• Net proceeds will be used for business operations, expansion of digital infrastructure, working capital, and evaluation of high‑performance computing (HPC) and AI data‑center opportunities.

Key Details

• Offering Structure:
• Units – $0.015 per Unit (1 Share + 1 warrant).
• Shares – $0.015 per Share.
• Gross proceeds ceiling: $2,250,000.
• Warrant Terms: One‑year‑long warrant per Unit; each warrants the purchase of one Share at $0.05 for 60 months from issuance.
• Related Party Subscription: A.C.N. 117 402 838 PTY LTD (50% owned by President/CEO David Jellins and CCO Amelia Jones) may subscribe for up to 102,624,235 Shares, qualifying as a related‑party transaction exempt from MI 61‑101 valuation/minority approval thresholds.
• Closing Extension: Application filed with TSXV to move the closing deadline to December 29, 2025 (or earlier at Company’s discretion).
• Use of Proceeds:
• Business operations and general working capital.
• Expansion of digital infrastructure.
• Evaluation of emerging opportunities in HPC and AI data‑center sectors.
• Hold Period: Securities issued are subject to a four‑month hold period per TSXV policy and applicable securities laws.
• Finder’s Fee: Company may pay a finder’s fee to eligible parties, pending TSXV approval and compliance with securities regulations.

Notable Quotes

(No direct quotes were included in the release.)