South Star Battery Metals Corp. , is pleased to announce the appointed of Mr. Tiago Cunha to its board of directors. Mr. Cunha is the manager of equity at investment fund firm Ace Capital and a veteran capital markets executive with extensive mineral resource and energy transition experience. Richard Pearce, CEO of South Star, said, "On behalf of the Board, I am excited to welcome Tiago to our team. I look forward to [...]
South Star Battery Metals Corp. , is pleased to announce that it has completed a Memorandum of Understanding with the University of Alabama at Tuscaloosa on behalf of its Alabama Mobility and Power Center to develop a binding Definitive Partnership Agreement to support a battery anode materials program in the United States consisting of the following phases: R&D Development Pilot Demonstration Commercial Demonstration [...]
South Star Battery Metals Corp. announces that it has granted 542,899 restricted share units and 480,000 deferred shares units all with a vesting term of 1 year and 1,745,000 stock options to directors, officers, employees and consultants of the Company, in accordance with the Company's omnibus incentive plan dated October 24, 2024. Each stock option will have an exercise price of C$0.445 and will have a term of 5 years [...]
South Star Battery Metals Corp. , is pleased to announce that it has successfully exercised its right to earn-in 75% of the BamaStar Graphite Project , which was formerly named the Ceylon Graphite Project, located in Coosa County, Alabama. Per the terms of the binding earn-in agreement , South Star successfully completed the following conditions to complete the 75% earn-in: The drilling, resource estimation and analysis [...]
South Star Battery Metals Corp. , is pleased to announce that it that it has successfully completed the closing of the third and final tranche of its upsized, non-brokered private placement of Units for gross proceeds to the Company of US$879,449.45 . When combined with Tranche 1 and Tranche 2, the gross proceeds of the Private Placement to the Company total US$3,000,000 . Funds from the Private Placement will be used for [...]
South Star Battery Metals Corp. , is pleased to announce that it that it has successfully completed the closing of the third and final tranche of its upsized, non-brokered private placement of Units for gross proceeds to the Company of US$879,449.45 . When combined with Tranche 1 and Tranche 2, the gross proceeds of the Private Placement to the Company total US$3,000,000 . Funds from the Private Placement will be used for [...]
South Star Battery Metals Corp. , is pleased to announce that as a result of demand, it is increasing the size of its previously announced non-brokered private placement to up to an aggregate total of US$3,200,000 . The Private Placement is comprised of units , each Unit consisting of one common share priced at US$0.43 and one common share purchase warrant . Each Warrant is exercisable into one Share at a price of US$0.89 [...]
South Star Battery Metals Corp. , is pleased to announce that it that it has successfully completed a second tranche of its non-brokered private placement of units for gross proceeds to the Company of US$1,312,528 . When combined with the proceeds from Tranche 1, the gross proceeds of the Private Placement to the Company total US$2,120,550.55 . Proceeds from the Private Placement will be used for exploration, development [...]
South Star Battery Metals Corp. , is pleased to announce that it that it has successfully completed an initial tranche of its non-brokered private placement of units for gross proceeds of US$808,022.55 . Proceeds from the Private Placement will be used for exploration, development, production activities, as well as corporate G&A and general working capital requirements. Tranche 1 of the Private Placement consists of [...]
South Star Battery Metals Corp. , is pleased to announce that it intends to reprice the previously announced non-brokered private placement of common shares at a revised unit price consisting of one common share priced at US$0.43 per Share and one common share purchase warrant priced at an exercise price of US$0.89 per share good for five years from the date of issue to raise up to US$2,500,000 . The Warrants are subject [...]
Positive National Instrument 43-101 Preliminary Economic Assessment for the BamaStar Mine and Concentrator Plant in Coosa County, AL and a value-add upgrading plant in Mobile, AL. The natural flake graphite concentrate precursor material for the value-add plant will come from South Star's BamaStar and Santa Cruz Mines, which is now in Phase 1 operations in Brazil. First production for BamaStar is planned by 2027. Pre-tax [...]
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 US$0.43 per Share to raise up to US$2,500,000 . Closing of the Private Placement is subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange . Proceeds from the Private [...]
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