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Canstar Receives $410,000 From Early Warrant Exercises & Provides Corporate Updates

Canstar Receives $410,000 From Early Warrant Exercises & Provides Corporate Updates

Canstar收到40.1万美元的早期认股权行使款,并提供公司更新
newsfile ·  10/30 07:25

Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - CANSTAR RESOURCES INC. (TSXV: ROX) (OTC Pink: CSRNF) ("Canstar" or "the Company") has issued 8,200,000 common shares to investors following the early exercise of warrants from its January 2024 financing. The warrants had an exercise price of $0.05 and were set to expire on January 23, 2026. The early warrant exercise has resulted in total proceeds of $410,000, which Canstar plans to use for general working capital. The Company currently has 18,465,500 outstanding warrants, with an exercise price and expiration date of $0.05 and January 23, 2026, respectively.

安大略省多伦多-(新闻社corp. - 2024年10月30日)- 黄金之星资源公司(tsxv: ROX)(OTC Pink: CSRNF)("Canstar"或"该公司")根据2024年1月的融资早日执行了820万普通股份,发行给投资者。这些股票的行权价为0.05美元,到2026年1月23日到期。提前行权结果使得总收益为410,000美元,Canstar计划用于一般运营资金。该公司目前有18,465,500张待行权的权证,行权价和到期日期分别为0.05美元和2026年1月23日。

The Company's Board of Directors also authorized the grant of 400,000 stock options ("the Options") to select employees under its stock option plan. The Options are subject to vesting provisions and are exercisable until August 13, 2029, at a strike price of $0.04 per share, reflecting the TSX Venture Exchange closing price of the Company's shares on August 14, 2024. Certain employees have voluntarily canceled a total of 450,000 previously issued options, which were exercisable at $0.28.

公司的董事会还授权向选定员工授予了40万股期权("期权"),授予条款包括解禁规定,行权期至2029年8月13日,行权价为0.04美元/股,反映了公司在2024年8月14日TSX创业公司交易所收盘价。某些员工自愿取消了共45万张先前发行的期权,该期权的行权价为0.28美元。

About Canstar Resources Inc.

Canstar Resources Inc.(tsxv:rox)是一家矿业勘探公司,在纽芬兰和拉布拉多省挖掘黄金和重要金属的巨大潜力。我们100%拥有的Golden Baie项目(548.75 km2)拥有93公里的结构,类似于New Found Gold的Queensway Gold项目。我们的Buchans-Mary March项目(65.75 km2),包括Glencore的合资企业,位于世界级的VMS锌铜银富矿区,是高品位锌铜矿的发现。

Canstar Resources Inc. (TSXV: ROX) (OTC Pink: CSRNF) is an exploration company focused on critical minerals and gold. The Company's 100%-owned Golden Baie Project (548.75 km2) contains high-grade gold and antimony deposits along a major mineralized structure that hosts numerous gold deposits. The Buchans and Mary March projects (65.75 km2), which include a joint venture with Glencore, are in the world-class, past-producing VMS mining camp of Buchans, known for its rich deposits of zinc, copper, and silver, and have yielded high-grade zinc and copper discoveries.

黄金之星资源公司(tsxv: ROX)(OTC Pink: CSRNF)是一家专注于关键矿物和黄金的勘探公司。该公司100%拥有的Golden Baie项目(548.75平方公里)含有高品位黄金和锑矿床,分布在一个主要的矿化构造带上,该带上有众多黄金矿床。Buchans和Mary March项目(65.75平方公里)与Glencore合作,位于Buchans世界级之处,是博珍斯的VMS矿业营地,以其丰富的锌、铜和白银储量而闻名,并已发现高品位的锌和铜矿床。

For further information, please contact:

如需更多信息,请联系:

Juan Carlos Giron, Jr.
President & Chief Executive Officer
Email: jc@canstarresources.com
Phone: 1-647-247-8715
Website:

Juan Carlos Giron, Jr.
董事长兼首席执行官
邮箱:jc@canstarresources.com
电话:1-647-247-8715
网址:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TSX tsx Venture交易所及其监管服务提供商(如TSX Venture交易所的政策中所定义的那样)不承担此发布的充分性或准确性的责任。

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