Star Copper Acquires Copperline Property in British Columbia

About this update from Star Copper Corp.

[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / August 18, 2025 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ("Star Copper" or the "Company"), a critical mineral exploration and development company, is pleased to announce that, further to its news release dated July 16, 2025, it has closed the previously announced acquisition (the "Acquisition") of a 100% interest in the mineral claims known as the Copperline property (the "Copperline Property"), located in north-central British Columbia. The Acquisition was completed in accordance with a definitive agreement (the "Agreement") dated July 14, 2025 with Zimtu Capital Corp. (TSXV: ZC) (the "Vendor").","length":709,"tagName":"p"},{"type":"text","content":"The Copperline Property consists of eight mineral claims totaling approximately 4,502 hectares, situated near Skutsil Knob at the south end of the Driftwood Range, approximately 120 km north-northeast of Smithers, British Columbia. As of the date hereof, seven of the eight mineral claims have been transferred to the Company, and the Vendor and the Company are working together to effect the transfer of the eighth mineral claim.","length":430,"tagName":"p"},{"type":"text","content":"Acquisition Terms","length":17,"tagName":"p"},{"type":"text","content":"Pursuant to the Agreement, the Company agreed to acquire the Copperline Property from the Vendor in exchange for consideration comprised of:","length":140,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"a cash payment in the aggregate amount of $350,000, consisting of (i) a payment of $100,000 paid at or prior to the closing date (the "Closing Date"), and (ii) a payment of $250,000 to be made by the Company on the first business day that is six (6) months after the Closing Date (the "Completion Date");","length":324,"tagName":"p"}]},{"val":[{"type":"text","content":"the issuance of 500,000 common shares (the "Consideration Shares"), with (i) 200,000 Consideration Shares issued on the Closing Date, and (ii) 300,000 Consideration Shares to be issued on the Completion Date; and","length":222,"tagName":"p"}]},{"val":[{"type":"text","content":"the grant by the Company to the Vendor of a 2% net smelter returns royalty, payable on all production from the Copperline Property, of which ...

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