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Blue Star Gold Corp. (TSXV:BAU) closes $1M non-brokered private placement

Market News, Mining
TSXV:BAU
25 November 2022 08:30 (EDT)
Blue Star Gold - Mining camp at Blue Star Gold's Ulu property in western Nunavut

Source: Blue Star Gold.

Blue Star Gold Corp. (BAU) has closed its previously-announced non-brokered private placement raising gross proceeds of $1,000,000.

The company issued 4,000,000 common shares at $0.25 per share. 

The shares are subject to a statutory four-month hold period expiring on March 25, 2023.

Net proceeds for general exploration and working capital.

No finder’s fees were paid in connection with the offering.

Blue Star is a gold company focused on exploration and development within Nunavut, Canada. The company holds a 100 per cent interest in three projects, including the Ulu Gold project, the contiguous Hood River project, and the Roma project.

Blue Star Gold Corp. opened trading at $0.265 per share.


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