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STSBF / South Star Battery Metals closes Phase 1 deposit transaction; now fully funded for plant and mine construction

South Star Battery Metals closes Phase 1 deposit transaction; now fully funded for plant and mine construction
South Star Battery Metals Corp. (TSX-V:STS, OTCQB:STSBF) said it has closed the Phase 1 deposit transaction under its previously announced metals purchase and sale agreement with Sprott Private Resource Streaming and Royalty Corp.  With the closing of the recent private placements and receipt of the Phase 1 Deposit to fund capex under the agreement, the company said it believes it is fully funded for construction of the Phase 1 plant and mine at its Santa Cruz Graphite mine in Bahia, Brazil.  The agreement includes a total cash consideration of up to US$28 million as prepayment for graphite concentrates from the Santa Cruz Project. Read More
Posted: Nov 23 2022, 06:56
Author Name: Proactive Investors
Views: 102078

STSBF News  

South Star announces intial 2023 drilling results for BamaStar graphite project as it updates on PEA

By Proactive Investors
August 15, 2023

South Star announces intial 2023 drilling results for BamaStar graphite project as it updates on PEA

South Star Battery Metals Corp. (TSX-V:STS, OTCQB:STSBF) said the 2023 drilling campaign on its BamaStar graphite project in Alabama's Coosa County i more_horizontal

South Star Battery Metals completes oversubscribed non-brokered private placement

By Proactive Investors
July 17, 2023

South Star Battery Metals completes oversubscribed non-brokered private placement

South Star Battery Metals Corp. (TSX-V:STS, OTCQB:STSBF) said it has completed an oversubscribed non-brokered private placement of 8,533,865 units pri more_horizontal

South Star Battery Metals plans to round out C$4M non-brokered private placement

By Proactive Investors
July 5, 2023

South Star Battery Metals plans to round out C$4M non-brokered private placement

South Star Battery Metals Corp. (TSX-V:STS, OTCQB:STSBF) revealed that it plans to complete a non-brokered private placement of units at a price of C$ more_horizontal

South Star Battery Metals says Santa Cruz graphite mine works remain on schedule

By Proactive Investors
May 23, 2023

South Star Battery Metals says Santa Cruz graphite mine works remain on schedule

South Start Battery Metals Corp. said construction on the Phase 1 plant and mine installations at its Santa Cruz graphite mine in Bahia, Brazil remai more_horizontal

South Star Battery Metals gets promising maiden mineral resource estimate for BamaStar graphite project in Alabama

By Proactive Investors
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South Star Battery Metals gets promising maiden mineral resource estimate for BamaStar graphite project in Alabama

South Star Battery Metals Corp has successfully completed a maiden mineral resource estimate (MRE) for its BamaStar graphite project in Alabama. The i more_horizontal

South Star Battery set to achieve commercial production at Santa Cruz Mine in Brazil by end 2023

By Proactive Investors
February 27, 2023

South Star Battery set to achieve commercial production at Santa Cruz Mine in Brazil by end 2023

South Star Battery Metals Corp. (TSX-V:STS, OTCQB:STSBF) told investors it is set its Santa Cruz open-pit flake graphite mining project in Brazil int more_horizontal

Graphite Miners News For The Month Of February 2023

By Seeking Alpha
February 25, 2023

Graphite Miners News For The Month Of February 2023

Flake prices were slightly lower and spherical graphite prices were slightly lower over the past month. Graphite market news - BMI: Demand for graphit more_horizontal

South Star Battery Metals announces positive preliminary results for Ceylon Project as it successfully completes maiden drilling

By Proactive Investors
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South Star Battery Metals announces positive preliminary results for Ceylon Project as it successfully completes maiden drilling

South Star Battery Metals Corp. (TSX-V:STS, OTCQB:STSBF) has announced that it has completed, on schedule, its maiden drilling campaign and complete more_horizontal


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