Financings
Starr Peak Mining closes $850,000 private placement

STE · Price
Executive Summary
- Starr Peak Mining Ltd. closed a non‑brokered private placement of 2,48,571 units at $0.35 per unit, generating gross proceeds of $850,000.
- Each unit includes one common share and one warrant to purchase an additional share at $0.45 for 18 months post‑closing.
- Proceeds are earmarked for exploration, development activities, and general working capital.
Key Details
- Units sold: 2,48,571 units (each = 1 common share + 1 warrant).
- Price per unit: $0.35.
- Gross proceeds: $850,000.
- Warrant terms: Right to acquire one additional common share at $0.45 per share; exercisable for 18 months from the closing date.
- Regulatory hold period: Securities subject to a hold until June 18, 2026.
- Use of proceeds: Funding exploration programs, development projects, and general working capital needs.
Notable Quotes
(No quotes provided in the release.)