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Alpha Copper Corp ( (TSE:STCU) ) just unveiled an update.
Star Copper Corp. has closed an oversubscribed non-brokered private placement, raising C$7.31 million through the sale of 5,844,800 flow-through shares at C$1.25 each, after upsizing the deal in response to strong investor demand. The securities, which carry a standard four-month-plus-one-day hold, generated C$420,332.50 in finder’s fees and sit alongside the company’s ongoing charity flow-through unit financing.
Proceeds will be directed to qualifying Canadian exploration expenditures at the company’s flagship Star Project in British Columbia, with funds earmarked to underwrite an aggressive 2026 drill campaign that expands step-out drilling, tests deeper priority targets, and leverages 3D geological modelling and deep-penetrating geophysics. The capital injection is expected to accelerate resource-definition work and could strengthen Star Copper’s positioning in the copper sector as it advances projects geared to meeting rising electrification-related demand.
More about Alpha Copper Corp
Star Copper Corp. is a mineral exploration and development company focused on high-potential copper projects in mining-friendly jurisdictions. Its core asset is the 100%-owned Star Project in British Columbia’s Golden Triangle and Sheslay District, which hosts multiple copper-gold porphyry-style targets supported by historical drilling and open mineralization at depth and along strike.
The company’s strategy includes geological mapping, geophysical surveys, diamond drilling of high-priority zones, and environmental baseline work to support a future NI 43-101 resource estimate. Star Copper also plans to advance its Indata Project through follow-up drilling, trenching, sampling and infrastructure upgrades, aiming to position itself as a supplier to growing global electrification-driven copper demand.
Average Trading Volume: 80,332
Technical Sentiment Signal: Buy
Current Market Cap: C$61.97M
Learn more about STCU stock on TipRanks’ Stock Analysis page.