Star Copper Announces Closing of Charity Flow-Through Unit Private Placement

Executive Summary

• Star Copper Corp. closed a non‑brokered private placement, raising gross proceeds of C$2,000,001.10.
• The offering consisted of 1,156,070 flow‑through units sold at C$1.73 per unit, each unit including one flow‑through common share and one transferable common share purchase warrant.
• Proceeds are earmarked for Canadian exploration expenses on the Star Project, supporting an aggressive 2026 drill program and related geological work.

Key Details

• Offering Size: Gross proceeds of C$2,000,001.10.
• Units Sold: 1,156,070 flow‑through units (FT Units).
• Price per Unit: C$1.73.
• Unit Composition:
• One flow‑through common share (FT Share).
• One transferable common share purchase warrant (Warrant) that also qualifies as a flow‑through share.
• Warrant Terms: Right to purchase one non‑flow‑through common share at C$1.75 per share for two years from issuance.
• Hold Period: All securities issued are subject to a hold period of four months and one day from the date of issuance.
• Use of Proceeds: To fund “Canadian exploration expenses” classified as flow‑through critical mineral mining expenditures on the Star Project, including:
• Expanded step‑out drilling.
• Deeper testing of priority targets.
• Follow‑up drilling guided by 3‑D geological modeling and planned deep‑penetrating 3‑D geophysics.
• Corporate Signatory: Darryl Jones, CEO, President & Director, on behalf of the Board of Directors.

Notable Quotes

• “The gross proceeds from the Offering will be used to incur Canadian exploration expenses that are flow‑through critical mineral mining expenditures…to directly support an aggressive 2026 drill program.” – Darryl Jones, CEO

This release excludes boilerplate company background and forward‑looking disclaimer text.