Star Copper to Raise $5 Million for 2026 Drill Program

Star Copper Corp., a mineral exploration firm, announced a private placement to raise C$5 million. This financing involves issuing up to 4 million flow-through shares at a price of C$1.25 each. These funds will support an extensive 2026 drill program at the flagship Star Project in British Columbia, focusing on Canadian exploration expenses as defined by tax law.

The 2026 program aims to expand step-out drilling and deeper testing of priority targets. Phase 2 results from 2025 are still pending, with disclosures planned after thorough review.

Star Copper expects to close the offering by March 2, 2026, subject to regulatory approvals. A statutory hold period will apply to all issued securities, as per Canadian securities laws. The offering is not available in the United States.