South Star Battery Metals Corp. closed the final tranche of its Unit Offering, raising C$3,411,638. Shareholders approved matters at the AGSM, including re-elections and re-appointments. Each Unit consists of a Share and a Warrant, with proceeds earmarked for exploration and development. Mr. Tiago Cunha’s funds bought 12,342,087 Units, totaling C$2,085,000. Insider participation constitutes a “related party transaction.” Finder’s fees totaled C$258,995, with 1,987,722 Shares issued to A8 Capital Advisors. The Unit Offering raised a total of C$6,672,000. The Company is focused on battery-metals projects in the Americas, with operations in Brazil and Alabama.
Read more at GlobeNewswire: South Star Announces Closing of Final Tranche of Private
