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Alpha Copper Corp ( (TSE:STCU) ) has issued an announcement.
Star Copper Corp. announced a non-brokered private placement to raise up to C$3 million through the sale of 3 million units at C$1.00 each, consisting of one common share and one warrant. The proceeds will be used to advance exploration of the Star Project and for general corporate purposes, positioning the company to support the growing demand for copper in global electrification.
More about Alpha Copper Corp
Star Copper Corp. is an exploration and development company focused on developing high potential copper projects in mining-friendly jurisdictions. The company aims to advance its 100%-owned Star Project in British Columbia’s prolific Golden Triangle and Sheslay District, which hosts multiple copper-gold porphyry-style targets. Star Copper’s strategic plans include geological mapping, geophysical surveys, diamond drilling programs, environmental baseline studies, and resource modeling to support future resource estimates. The company is committed to sustainable development and value creation to meet growing global electrification needs.
Average Trading Volume: 100,383
Technical Sentiment Signal: Buy
Current Market Cap: C$55.32M
For a thorough assessment of STCU stock, go to TipRanks’ Stock Analysis page.