South Star Secures Funds and Extends Project

South Star Battery Metals Corp (TSE:STS) has released an update.

South Star Battery Metals Corp. has successfully closed the second tranche of its increased non-brokered private placement, raising an additional C$1.79 million to boost exploration, development, and general corporate activities. The company has also secured a two-year extension on its BamaStar project’s landowner and mineral rights agreement. This financial and operational advancement aims to enhance their graphite production to meet growing global demands.

For further insights into TSE:STS stock, check out TipRanks’ Stock Analysis page.