South Star Battery Metals Corp. , is pleased to announce that it has awarded contracts for the National Instrument 43-101 Preliminary Economic Assessment for the BamaStar Graphite Project . The interdisciplinary team of consultants, engineers and scientists is co-led by Dorfner ANZAPLAN GmbH and Lycopodium Limited. The PEA is anticipated to be completed and published in July 2024. With the recent mineral lease and surface [...]
South Star Battery Metals Corp. is pleased to announce that it has completed the successful closing of the second and final tranche of its oversubscribed, upsized non-brokered private placement by issuing 2,485,209 Shares priced at C$0.72 per Share common shares, for an additional gross proceeds of C$1,789,352. Proceeds from the Private Placement will be used for accelerating exploration, development, construction [...]
South Star Battery Metals Corp. , is pleased to announce that it has completed an initial tranche of its oversubscribed, upsized non-brokered private placement of common shares for gross proceeds of C$4,907,757.80. Proceeds from the Private Placement will be used for accelerating exploration, development, construction activities, as well as corporate G&A and general working capital requirements. Tranche 1 of the Private [...]
South Star Battery Metals Corp. , is pleased to announce that the environmental permits for Santa Cruz Graphite Mine Phases 2 and 3 have been approved for up to 50,000 tonne per annum of concentrate for eight mining claims. Following approval of the environmental permits, five of the principal claims were approved by the regional office of the National Mining Agency and forwarded to the Ministry of Mines and Energy in [...]
South Star Battery Metals Corp. , is pleased to announce that as a result of significant demand, it has increased the size of its previously announced non-brokered private placement of common shares at a price of C$0.72 per common share . South Star will now raise aggregate gross proceeds of up to $7,000,000 . Additionally, the TSX Venture Exchange has granted an extension to the closing time of the Private Placement. The [...]
South Star Battery Metals Corp. announces that it has granted stock options pursuant to its 2022 10% rolling stock option plan to a director and a consultant of the Company to purchase up to an aggregate of 208,000 common shares of the Company. The stock options are exercisable at $0.74 per share and expire 5 years from the date of grant . The Company further announces that it has granted an aggregate of 334,053 [...]
South Star Battery Metals Corp. , is pleased to announce that it intends to complete a non-brokered private placement of common shares at a price of C$0.72 per Share to raise up to C$5,000,000. Management believes the Private Placement will be fully subscribed. Closing of the Private Placement is subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals, including the [...]
Richard Pearce, CEO and Director will provide a corporate update via a live presentation followed by live Q&A Investors and other interested parties invited to join and learn more about recent developments at South Star's Santa Cruz and BamaStar projects. South Star Battery Metals Corp. , is pleased to announce that the Company's CEO and Director, Richard Pearce, will be providing important updates on South Star's Santa [...]
South Star Battery Metals Corp. is pleased to announce that it has received a US$3.2 million grant from the Department of Defense under the Defense Production Act Title III authorities utilizing funds appropriated by the Inflation Reduction Act, to advance a National Instrument 43-101 Feasibility Study for the BamaStar Graphite Project, South Star's flagship graphite project in the USA, located in central Alabama. The FS [...]
South Star Battery Metals Corp. , is pleased to announce that its 2023 drilling campaign has been completed on its BamaStar Graphite Project in Coosa County, Alabama. The program was designed to test continuity and limits of mineralization in support of the upcoming NI43-101 Preliminary Economic Assessment , scheduled for completion at the end of Q1 2024. 15 holes totaling approximately 1,900 meters were successfully [...]
South Star Battery Metals Corp. , is pleased to announce that, subject to regulatory approval, it has retained the services of Venture Liquidity Providers Inc. to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. , in compliance with [...]
South Star Battery Metals Corp. , is pleased to announce that, subject to regulatory approval, it has retained the services of Venture Liquidity Providers Inc. to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. , in compliance with [...]
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