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Blue Star Gold Corp. (TSXV: BAU,OTC:BAUFF) (OTCQB: BAUFF) (FSE: 5WP0) (“Blue Star” or the “Firm”) declares that, additional to its information launch of October 30, 2025, it has closed the primary tranche of its non-brokered personal placement elevating proceeds of $1,250,000 by the issuance of 5,000,000 flow-through widespread shares (every, a “FT Share”) at $0.25 per FT Share (the “Non-public Placement”).
The FT Shares will qualify as flow-through shares for functions of the Earnings Tax Act (Canada). The Firm will resign stated expenditures to the traders for the taxation 12 months ending December 31, 2025.
The Firm paid finder’s charges totaling $75,000 money and 300,000 non-transferable finder’s warrants (every a “Finder’s Warrant“) to certified arm’s size events. Every Finder’s Warrant is exercisable at $0.25 till November 4, 2027.
All securities issued in reference to the Non-public Placement are topic to a four-month maintain interval pursuant to securities legal guidelines in Canada expiring on March 5, 2026.
The Firm intends to make use of the web proceeds from the Non-public Placement of FT Shares to incur Canadian exploration bills (the “Qualifying Expenditures“) on its initiatives in Nunavut previous to December 31, 2026, and the web proceeds from the Non-public Placement of Shares for normal working capital functions.
The Non-public Placement stays topic to the ultimate approval of the TSX Enterprise Alternate.
About Blue Star Gold Corp.
Blue Star is a mineral exploration and improvement firm centered in Nunavut, Canada. Blue Star’s landholdings whole 300 sq. kilometres of extremely potential and underexplored mineral properties within the Excessive Lake Greenstone Belt. The Firm owns the Ulu Gold Challenge, comprised of the Ulu Mining Lease and Hood River Property, and the Roma Challenge. A big high-grade gold useful resource exists on the Flood Zone deposit (Ulu Mining Lease), and quite a few high-potential exploration targets (gold and demanding minerals) happen all through the Firm’s intensive landholdings, offering Blue Star with wonderful useful resource development potential. The positioning of the longer term deep-water port at Grays Bay is 40 – 100 km to the north of the properties, and the proposed route hall for the all-weather Grays Bay Street passes shut by the Roma and Ulu Gold Tasks.
Blue Star is listed on the TSX Enterprise Alternate below the image: BAU, the U.S. OTCQB Enterprise Market below the image: BAUFF, and on the Frankfurt Alternate below the image: 5WP0. For info on the Firm and its initiatives, please go to our web site: www.bluestargold.ca.
For additional info, please contact:
Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the Insurance policies of the TSX-Enterprise Alternate) accepts accountability for the adequacy or accuracy of this Launch.
The securities referred to on this information launch haven’t been, nor will they be, registered below the USA Securities Act of 1933, as amended, and is probably not supplied or bought inside the USA or to, or for the account or good thing about, U.S. individuals absent U.S. registration or an relevant exemption from the U.S. registration necessities.
This information launch doesn’t represent a proposal on the market of securities on the market, nor a solicitation for provides to purchase any securities. Any public providing of securities in the USA have to be made by way of a prospectus containing detailed details about the corporate and administration, in addition to monetary statements.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/273065
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