Star Copper Announces Non-Brokered Private Placement

Star Copper Corp. has declared its intention to conduct a non-brokered private placement. The company plans to issue up to 8,000,000 units at $0.25 per unit, aiming to raise $2,000,000 in total. Each unit consists of one common share and one common share purchase warrant. The warrant allows for the acquisition of an additional common share at $0.32 per share, valid for 24 months post-issuance. All securities are subject to a hold period of four months and one day.

The funds from this offering are allocated for project evaluation, general working capital, and fulfilling existing commitments. The announcement also mentions delaying a consulting agreement with Upswitch Media Corp. by a month. Completion of the offering requires necessary approvals and adherence to applicable securities regulations.