Original News Release
Starr Peak Mining closes $850,000 private placement
Mr. Johnathan More reports
STARR PEAK CLOSES PRIVATE PLACEMENT RAISING GROSS PROCEEDS OF $850,000
Starr Peak Mining Ltd. has closed a non-brokered private placement of 2,48,571 units of the company at a price of 35 cents per unit for gross proceeds of $850,000. Each unit consists of one common share and one share purchase warrant, with each share purchase warrant entitling the holder to acquire an additional common share of the company at a price of 45 cents per share for a period of 18 months from the closing date.
The proceeds from the offering will be used for exploration and development activities and for general working capital.
The securities issued in connection with the private placement are subject to a regulatory hold period expiring on June 18, 2026.
About Starr Peak Mining Ltd.
Starr Peak Mining is a Canadian-based mineral exploration company focused on the acquisition and exploration of precious and base metal mineral deposits. The primary objective of the company is to acquire, explore and develop high-potential and high-quality gold and base metal deposits and projects in the Americas. The company is committed to create long-term shareholder value through mineral discoveries.
We seek Safe Harbor.
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