Star Copper Announces Closing of Oversubscribed Flow-Through Share Private Placement

Core Viewpoint - Star Copper Corp. has successfully closed an oversubscribed private placement, raising gross proceeds of C$7,306,000 from the sale of 5,844,800 flow-through shares at a price of C$1.25 per share, with additional proceeds of C$1,306,000 from the sale of 1,044,800 additional shares due to high investor demand [1] Group 1: Financial Details - The total gross proceeds from the private placement amount to C$8,612,000, which will be utilized for Canadian exploration expenses related to the Company's flagship Star Project in British Columbia [1] - The Company paid cash finder's fees totaling C$420,332.50 in connection with the subscriptions to the Offering [1] Group 2: Project Development - The funds raised will support an aggressive drill program in 2026, including expanded step-out drilling and deeper testing of priority targets, guided by ongoing three-dimensional geological modeling and planned deep-penetrating 3D geophysics [1] - Star Copper aims to advance its 100%-owned Star Project, which hosts multiple copper-gold porphyry-style targets, and plans to conduct geological mapping, geophysical surveys, and diamond drilling programs to refine existing targets [1] Group 3: Company Overview - Star Copper Corp. is focused on developing high-potential copper projects in mining-friendly jurisdictions, particularly in British Columbia's Golden Triangle and Sheslay District [1] - The Company is committed to sustainable development and aims to meet the growing global demand for electrification through its projects [1]