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South Star Mining Corp. Announces the Engagement of Red Cloud Financial Services
(TheNewswire) Toronto, ON – TheNewswire - ...
About this update from South Star Battery Metals Corp
[{"type":"text","content":"South Star Mining Corp. Announces the Engagement of Red Cloud Financial Services\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto, ON –\n \n \n TheNewswire -\n \n \n April 12, 2021 –\n \n \n South Star Mining Corp.\n \n \n (\n \n \n “South Star\n \n \n ”\n \n \n or “the Company”\n \n \n ) (TSXV:\n \n \n STS\n \n \n ) (OTC:STSBF) is pleased to announce\nthat it has contracted Red Cloud Financial Services (“Red Cloud”)\nto provide the Company with a range of corporate advisory and investor\nrelations services.\n \n \n Red Cloud is a Toronto-based\nfinancial services company that provides assistance in accessing\ncapital markets.\n \n \n \n \n As the Company is pushing towards construction of the\nPhase 1 facilities and 2022 production, Red Cloud will assist in\nbroadening our shareholder base, provide improved access to\ninstitutional investors and provide corporate advisory/investment\nbanking services. Under the terms of the agreement, Red Cloud will be\npaid a monthly fee of C$10,000 and has been granted 120,000 options\nwith an exercise price of C$0.25 exercisable for a period of two\nyears. The agreement is for an initial period of six months and is\nrenewable on a monthly basis thereafter.\n \n \n \n \n \n \n About\nSouth 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. South Star is driven to create fundamental value in the\nbattery metals sector for clients and investors with real projects\nthat have strong intrinsic financial and operating metrics, and that\ncan be profitable throughout the resource cycle. South Star has an\nexperienced executive team with a strong history of discovering,\ndeveloping, building and operating profitable mines in Brazil.\n \n \n \n \n The Santa Cruz Graphite Project (“the Project”),\nlocated in Southern Bahia, is the first of a series of battery metals\nprojects that will be put into production. Brazil is the\nsecond-largest graphite-producing region in the world with more than\n80 years of continuous mining. The Project has at-surface\nmineralization in friable materials, and successful large-scale pilot\nplant testing (>30t) has been completed. The results of ...