Group 1 - Lodestar Metals Corp. has increased the size of its private placement from gross proceeds of C$1,000,000 to C$1,500,000, priced at C$0.075 per Unit for up to 20,000,000 Units [1][2] - Each Unit consists of one common share and one-half share purchase warrant, with the warrant allowing the purchase of an additional share at $0.12 for two years [2][3] - The proceeds from the Offering will be allocated for exploration and drilling on the Goldrun Project in Nevada and for working capital [3] Group 2 - Lodestar Metals Corp. is a Canadian mineral exploration company focusing on high-potential projects in North America, including the Gold Run Property in Nevada [4] - The company's strategy emphasizes high-impact exploration, strategic acquisitions, and responsible development [4]

Group 1 - Lodestar Metals Corp. will resume trading on the TSX Venture Exchange on June 27, 2025, following the completion of its acquisition of the Gold Run Property [1][2] - The Gold Run Property is located in Humboldt County, Nevada, and is considered a highly prospective gold project [2][4] - The company has strengthened its leadership team with the appointment of David Christie as a director and Don McDowell as a Strategic Advisor [2][3] Group 2 - The President and CEO of Lodestar, Lowell Kamin, expressed optimism about the company's growth and commitment to long-term shareholder value through disciplined exploration and strategic execution [3] - Lodestar's flagship assets include the Gold Run Property and the Peny Property in the Snow Lake District of Manitoba, focusing on high-impact exploration and strategic acquisitions [4]

Core Insights - Lodestar Metals Corp has successfully closed the acquisition of the Gold Run Property, a significant gold project in Humboldt County, Nevada, following an option agreement executed on May 6, 2025 [1][3] - The acquisition is part of the company's strategy to build a portfolio of high-impact gold assets in Tier-1 jurisdictions, enhancing its market visibility and growth potential [3][17] Acquisition Details - The Gold Run Property consists of 75 unpatented mining claims covering approximately 516 hectares and is located within the prolific Getchell and Battle Mountain-Eureka gold trends [8][9] - The acquisition involves cash payments totaling US $450,000 over six years, along with milestone payments of US $500,000 and US $1,000,000 tied to the completion of economic assessments and feasibility studies [12][13] Leadership Strengthening - David Christie has been appointed as a director, bringing nearly four decades of experience in exploration, M&A, and capital markets, previously associated with Osisko Mining [2][4] - Don McDowell joins as a Strategic Advisor, with over 30 years of experience in mineral exploration and project development across the Americas [6][4] Exploration Potential - The Gold Run Property has a history of exploration with 131 drill holes completed, indicating a robust mineralized system with multiple deposit styles [9][11] - The property is strategically located at the intersection of two major gold corridors, enhancing its exploration potential for high-grade gold mineralization [3][9]