Stardust Solar Energy Advances U.S. Expansion with Successful Private Placement

An update from Stardust Solar Energy Inc. ( (TSE:SUN) ) is now available.

Stardust Solar Energy Inc. has successfully closed the first tranche of its non-brokered private placement, raising approximately $635,000 through the issuance of 6,350,000 units. Each unit includes a common share and a purchase warrant, with the proceeds intended to fuel the company’s expansion into the U.S. market and support ongoing operational needs. This financial move follows the acquisition of Solar Grids Development LLC and aims to enhance the scalability of its franchise network, positioning Stardust Solar for growth in the renewable energy industry.

More about Stardust Solar Energy Inc.

Stardust Solar Energy Inc. is a North American franchisor specializing in renewable energy installation services. The company provides solar panel systems, energy storage solutions, and electric vehicle supply equipment, supporting entrepreneurs in the clean energy sector. Stardust Solar offers its franchisees comprehensive support, including marketing, sales, engineering, and project management services.

YTD Price Performance: -3.57%

Average Trading Volume: 60,662

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.72M

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