Business
South Star Mining Announces Proposed Warrant Extension
(TheNewswire) Vancouver, B.C. - TheNewswire - February 11, 20...
About this update from South Star Battery Metals Corp
[{"type":"text","content":"South Star Mining Announces Proposed Warrant Extension\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire - February 11, 2021\n \n \n - South Star Mining Corp. (“South\nStar” or the “Company”) (TSXV:STS)\n \n \n (OTC:STSBF)\n \n \n announces\nthat it has applied to the TSX Venture Exchange to extend the expiry\ndate of 4,050,000 outstanding share purchase warrants (the\n“\n \n \n Warrants\n \n \n ”) issued pursuant to a non-brokered private placement (the\n“\n \n \n Private\nPlacement\n \n \n ”) that closed on February 28,\n2019.\n \n \n The Company proposes to extend the expiry\ndate of the Warrants for one year, from February 28, 2021 to February\n28, 2022.\n \n \n \n \n The Warrants as originally issued are exercisable into\ncommon shares in the capital of the Company at an exercise price of\n$0.15 per common share, with an expiry date of February 28, 2021. No\nWarrants issued under the Private Placement have been exercised to\ndate. All other terms of the Warrants will remain the same. The\nwarrant extension remains subject to approval of the TSX Venture\nExchange.\n \n \n \n \n ABOUT SOUTH STAR MINING CORP.\n \n \n \n \n South Star Mining Corp. is focused on the selective\nacquisition and development of near-term production projects in\nBrazil.  STS is driven to create fundamental value in the battery\nmetals sector for investors with real projects that have strong\nintrinsic financial and operating metrics and that can be profitable\nthroughout the resource cycle.  STS has an experienced executive team\nwith a strong history of discovering, developing, building and\noperating profitable mines in Brazil.\n \n \n \n \n The Santa Cruz Graphite Project, located in Southern\nBahia, is the first of a series of battery metals projects that will\nbe put into production. Brazil is the second largest graphite\nproducing region in the world with over 80 years of continuous mining.\nThe Project has at-surface mineralization in friable materials, and\nsuccessful large-scale pilot plant testing (>30t) has been\ncompleted. The results of the testing show that approximately 65% of\nCg concentrate is +80 mesh with good recoveries and 95-99% Cg.\n \n \n With excellent infrastructure and logistics,\nSouth Star is...