Financings
Star Copper Announces $5,000,000 Flow-Through Share Financing to Fund Aggressive 2026 Drill Program; Phase 2 (2025) Drill Results Pending

STCU · Price
Executive Summary
- Star Copper Corp. announced a non‑brokered private placement to raise up to C$5 million by issuing up to 4,000,000 flow‑through common shares at C$1.25 per share.
- Proceeds are earmarked for an aggressive 2026 drill program on the flagship Star Project in British Columbia, including step‑out and deep‑penetrating drilling.
- Closing is expected around March 2, 2026, subject to customary conditions; no subscriber warrants or finder’s fees beyond standard arrangements will be issued.
Key Details
- Offering Size: Up to C$5,000,000 gross proceeds.
- Shares Offered: Up to 4,000,000 flow‑through common shares (FT Shares).
- Price per Share: C$1.25.
- Structure: Pure equity offering; no subscriber warrants attached.
- Use of Proceeds: Fund “Canadian exploration expenses” that qualify as flow‑through critical mineral mining expenditures for the Star Project – specifically an aggressive 2026 drill program (expanded step‑out, deeper testing of priority targets, follow‑up drilling guided by 3‑D geological modeling and deep‑penetrating 3‑D geophysics).
- Closing Date: Anticipated on or about March 2, 2026 (or earlier/later as determined), subject to regulatory approvals and customary closing conditions.
- Finder’s Fees: Company may pay finder’s fees in accordance with CSE policies and applicable securities laws.
- Statutory Hold Period: All securities issued will be subject to the required hold period under Canadian securities law.
- Phase 2 2025 Drill Results: Additional results pending; will be disclosed once QA/QC review is complete.
Notable Quotes
- “The flow‑through funds will directly support an aggressive 2026 drill program, expanding our step‑out drilling and deep testing of priority targets,” – Darryl Jones, CEO & President.
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Jun 30, 2026 · 08:00