Stardust Solar Closes Non-Brokered Private Placement

About this update from Stardust Solar Energy Inc.

Stardust Solar Closes Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Company") is pleased to announce the successful completion of its non-brokered private placement, strengthening the Company's financial position and supporting its strategic growth initiatives.The private placement resulted in the issuance of an aggregate of 11,105,079 Units (the "Units") for total gross proceeds of $832,880.93. Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional Share at an exercise price of $0.10 per Share for a period of 18 months from the closing date of the final tranche.The successful completion of the financing provides the Company with additional capital to support its strategic priorities, including advancing its utility-scale solar initiatives, supporting continued franchise network growth, strengthening its balance sheet, and pursuing opportunities to create long-term shareholder value.With the financing now complete, Stardust remains focused on executing its growth strategy through franchise expansion, commercial solar development, utility-scale project advancement, and the pursuit of sustainable profitability.About Stardust Solar Energy Inc.Stardust Solar Energy Inc. is a globally expanding renewable energy company supporting the installation, development, training, and deployment of residential, commercial, and utility-scale solar solutions across international markets. The Company operates a diversified solar royalty platform generating recurring revenue through franchise installation operations, accredited training and development licenses and subscriptions, and technology-driven innovation initiatives. Through formal engagement with governments, utilities, and commercial stakeholders, the Company is scaling renewable energy capacity worldwide.Media and Investor Contacts:Erica Bearss, MBA, DBA (c)VP Corporate [email protected] www.stardustsolar.com Stardust Solar Energy Inc.B101-9000 Bill Fox Way, Burnaby BC V5J 5J3 - Canada732 S 6th St, STE N, Las Vegas, NV 89101Follow us on > Facebook / LinkedIn / InstagramThe TSX Venture Exchange Inc. has neither appr...

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