Cryptostar (TSE:CSTR) has released an update.
CryptoStar Corp. has successfully completed the final tranche of its non-brokered private placement, raising $2,000,000 by issuing units at $0.05 each, with the proceeds aimed at purchasing crypto mining equipment and supporting general capital needs. Each unit includes a common share and a warrant, with warrants enabling the purchase of additional shares at $0.07 within a 36-month period. The placement, exempt from hold periods under Canadian securities laws, underscores CryptoStar’s strategic expansion in the crypto mining sector.
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