Goldstar Announces Increase in Private Placement
May 19 2023 - 3:27PM
Goldstar Minerals Inc. (“Goldstar” or the “Corporation”)
(TSX-V: GDM) announces that it has increased the amount of its
non-brokered private placement from $500,000 to $550,000.
On May 11, 2023 the Corporation announced that
it would proceed with a non-brokered private placement for $500,000
consisting of 8,333,333 units, at a price of CDN $0.06 per
unit.
The Corporation will now proceed with a
non-brokered private placement for $550,000 consisting of 9,166,666
units, at a price of CDN $0.06 per unit. Each unit will consist of
one common share and one purchase warrant where each warrant shall
entitle the holder thereof to subscribe for one additional common
share at an exercise price of CDN $0.12 at any time until two years
after closing.
Closing is subject to regulatory approval.
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For further information, please contact:
David CrevierChairmanTelephone:
514-949-6820dcrevier@goldstarminerals.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release may contain
forward-looking statements. These statements are based on current
expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially because of
factors discussed in the management discussion and analysis section
of our interim and most recent annual financial statement or other
reports and filings with the TSX Venture Exchange and applicable
Canadian securities regulations. We do not assume any obligation to
update any forward-looking statements, except as required by
applicable laws.
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