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  • Goldstar Minerals (GDM) has completed the second and final tranche of its private placement
  • The company issued an additional 2,887,777 flow-through common shares at a price of $0.18 per share for gross proceeds of $519,800
  • Goldstar has raised aggregate gross proceeds of $720,000
  • The proceeds will be used to finance further exploration of properties located in Québec
  • Goldstar Minerals Inc is a natural resource exploration and development company
  • Goldstar Minerals Inc. (GDM) is trading at C$0.135 per share

Goldstar Minerals (GDM) has completed the second and final tranche of its private placement.

The company issued an additional 2,887,777 flow-through common shares at a price of $0.18 per share for gross proceeds of $519,800.

Goldstar has raised aggregate gross proceeds of $720,000 under this financing.

At closing, the corporation issued 146,176 common shares in finder’s fees.

Two company insiders subscribed for a total of 345,556 flow-through shares, for a price of $62,200.

All shares issued are subject to a four-month hold period.

The proceeds will be used to finance further exploration of properties located in Québec.

Goldstar Minerals Inc is a natural resource exploration and development company. It focuses mainly on developing deposits that contain gold and technology metals in mining jurisdictions in Canada. The company holds an interest in five exploration properties including Anctil, Nemenjiche, Fortune and Panache North properties located in the province of Quebec.

Goldstar Minerals Inc. (GDM) is trading at C$0.135 per share.

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