Glenstar Ventures Boosts IPO Funds with Over-Allotment

Glenstar Ventures Inc. (TSE:GSTR) has released an update.

Glenstar Ventures Inc. has announced the successful exercise of an over-allotment option by its IPO agent, Leede Financial Inc., resulting in the sale of additional shares and warrants which will bolster the company’s funding for its Green Monster Property exploration and general capital needs. The exercise of the option has provided Glenstar with additional proceeds of nearly $150,000, further supporting the company’s development efforts in mineral property acquisition and exploration.

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