South Star Battery Metals is pleased to announce that it has completed a non-brokered private placement of units for total proceeds of C$1,906,990. The majority of participation in the Private Placement was with key institutional investors and insiders. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital [...]
South Star Battery Metals announces that it is proceeding with its previously announced share consolidation on the basis of 5 pre-consolidation common shares for 1 new post-consolidation common share. Effective at market open on Wednesday, June 22, 2022, the Companys common shares will commence trading on a post-consolidation basis. The Companys name and trading symbol will remain unchanged.
South Star Battery Metals is announcing that it is repricing the previously announced non-brokered private placement of units to raise approximately C$2,000,000 in order to better reflect the current market conditions for common shares of the Company. On a pre-consolidation basis, the Offering will be repriced from C$0.15 per unit to C$0.11 per unit and consist of approximately 18,181,818 Units. Each Unit will consist of [...]
South Star Battery Metals is pleased to announce the signing of a LOI with Graphex Technologies to jointly develop a manufacturing and processing facility for battery anode material. The parties intend to develop a definitive agreement by October 31, 2022 to share expertise and technology for the design, construction and operations of a battery anode material processing facility. Graphite feed stock is expected to be [...]
South Star Battery Metals is pleased to announce that it intends to complete a non-brokered private placement of units to raise approximately C$2,000,000. Concurrently, the Company plans to consolidate its common shares on the basis of 1 post-consolidation common share for every 5 pre-consolidation common shares. The closing of the Offering and the Consolidation are subject to customary conditions, including the receipt [...]
South Star Battery Metals is pleased to announce the groundbreaking ceremony and start of Phase 1 construction for the Santa Cruz Graphite Mine on June 2nd, 2022. The ceremony will include local, state and federal officials, representatives from local and regional stakeholders, as well as South Star’s management team. The event is an important milestone celebrating more than a decade of development work, with the first [...]
South Star Battery Metals would like to cordially invite you to visit us at Booth #933 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West on Tuesday May 17 – Wednesday May 18, 2022. Former Prime Minister of Canada Stephen Harper and Former President of Mexico Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference. The Vancouver [...]
South Star Battery Metals Corp. is pleased to announce that it has contracted North Carolina State University Mineral Research Laboratory to complete a metallurgical testing program using 3 x 1-tonne samples of ore from various targets within the Ceylon Graphite Project. The goal of the program is to create a representative 1 tonne ore sample to retest and confirm processing methods and reagents from previous process [...]
South Star Battery Metals Corp. is announcing the retirement of Dave McMillan as Chairman and member of the Board effective April 15th, 2022. Marc P. Leduc, a board member since 2019, has been named the new Chairman effective April 15th, 2022. Richard Pearce, President & CEO commented, "We would like to extend our sincere thanks to Dave for his hard work, dedication and distinguished service over the years and wish him [...]
South Star Battery Metals Corp. is pleased to announce that it has entered into a binding streaming agreement with Sprott Resource Streaming and Royalty Corp for a total cash consideration of up to US$28 million as prepayment for graphite concentrates from the Santa Cruz Graphite Project in Brazil. South Star will act as sales agent for SRSR on the percentage of production subject to the Agreement. STREAM AGREEMENT [...]
South Star Battery Metals Corp. is pleased to announce that it has entered into a Letter of Intent with Graphex Group Limited for up to 50,000 tonnes of natural flake graphite concentrate over a period of five years for the Santa Cruz Graphite Project in Brazil and the Ceylon Graphite Project in Alabama. The parties have agreed in the LOI to negotiate a binding offtake agreement within 60 days of signing the LOI. The LOI [...]
South Star Battery Metals Corp. is pleased to announce that it has received approval from the Brazilian Mining Authority on February 22th, 2022 of the final exploration reports for the remaining 6 of the 13 claims of the Santa Cruz Graphite Mine in Brazil. In addition, the Company has launched Product Information Bulletins for a range of concentrate products for Phase 1 operations. The approval of the Final Exploration [...]