Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Starmet Ventures Inc ( (TSE:STAR) ) is now available.
Starmet Ventures Inc. announced a non-brokered private placement to raise up to $2 million by issuing 40 million units at $0.05 each. The proceeds will be used for general working capital, and the closing is subject to regulatory approvals. Each unit includes one common share and one warrant, with the warrants allowing the purchase of an additional share at $0.05 for 36 months. Shares issued will have a four-month hold period, and the offering is not registered under the U.S. Securities Act.
More about Starmet Ventures Inc
Starmet Ventures Inc. is engaged in the exploration of mineral resource properties, focusing on locations in Esmeralda County, Nevada, and Ear Falls, Ontario. The company’s goal is to identify and develop valuable mineral resource properties and conduct exploration programs.
YTD Price Performance: 0%
Average Trading Volume: 1,050
Technical Sentiment Consensus Rating: Buy
See more insights into STAR stock on TipRanks’ Stock Analysis page.