Northwire Canada EditionWednesday, November 11, 2026
Northwire
⌕
Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
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.
Read the original news release →

More from Star Copper Corp.