The Prospector News

STARR PEAK CLOSES $1,400,000 FUNDING FROM SINGLE STRATEGIC INVESTOR

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

STARR PEAK CLOSES $1,400,000 FUNDING FROM SINGLE STRATEGIC INVESTOR

 

 

 

 

 

Starr Peak Mining Ltd. (TSX-V: STE) (OTCQX: STRPF) is pleased to announce that it has closed a non-brokered private placement of 4,004,000 units of the Company at a price of $0.35 per Unit for gross proceeds of $1,401,400. The private placement was completed by one strategic investor. 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 $0.45 per share for a period of 18 months from the closing date.

 

The proceeds from the Offering will be used for exploration and drilling activities on the Company’s Quebec properties and for general working capital.

 

Closing of the Offering is subject to the approval of the TSX Venture Exchange.

 

About Starr Peak Mining Ltd.

 

Starr Peak Mining Ltd. 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 quality gold and base metal deposits and projects in the Americas. The Company is committed to create long term shareholder value through mineral discoveries.

 

Posted March 17, 2025

Share this news article

MORE or "UNCATEGORIZED"


South Pacific Metals Extends the Mineralized Structures at Megabe to More than 300 Metres of Confirmed Strike Length; Structures Open Along Strike and at Depth

Step-out drilling places SPMC on the upper margin of a potential ... READ MORE

August 24, 2026

North Arrow Extends Target AE Strike Length to 1000 m and Completes Rotation 3 Regional RC Drilling, Kraaipan Gold Project, Botswana

New surface targets identified North Arrow Minerals Inc. (... READ MORE

August 24, 2026

USA Rare Earth Announces Completion of Upsized $1.55 Billion Capitalization of the U.S. Government-Backed Special Purpose Vehicle for Serra Verde Offtake

U.S. Department of War (DoW) provides a $750 million investment i... READ MORE

August 24, 2026

Lavras Gold Intersects High-Grade Gold at Caneleira, Supporting Near-Surface Continuity of the Vein System

Hole 26CN044 returns 24.30 g/t gold over a drilled width of 9 met... READ MORE

August 24, 2026

Ivanhoe Electric Receives Preliminary Project Letter from the Export-Import Bank of the United States for $1.1 Billion in Potential Debt Financing for the Santa Cruz Copper Project

Letter Provides Increased Potential Debt Financing from $825 Mill... READ MORE

August 24, 2026

Copyright 2026 The Prospector News