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Blue Star Gold Corp. (TSXV: BAU,OTC:BAUFF) (OTCQB: BAUFF) (FSE: 5WP0) (“Blue Star” or the “Firm”) broadcasts that it intends to finish a non-brokered personal placement of as much as $600,000 via the issuance of as much as 3,000,000 flow-through frequent shares (every, a “FT Share”) at $0.20 per FT Share (the “Personal Placement”). The Personal Placement is topic to the approval of the TSX Enterprise Trade (the “Trade”).
The FT Shares will qualify as flow-through shares for functions of the Revenue Tax Act (Canada). The Firm will surrender mentioned expenditures to the traders for the taxation yr ending December 31, 2025.
All securities issued can be topic to a four-month and at some point maintain interval pursuant to securities legal guidelines in Canada and, the place relevant, the Trade Maintain Interval. Finders’ charges could also be payable to certified events.
The Firm intends to make use of the web proceeds from the Personal 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 Personal Placement of Shares for normal working capital functions.
About Blue Star Gold Corp.
Blue Star is a mineral exploration and growth firm targeted in Nunavut, Canada. Blue Star’s landholdings complete over 300 sq. kilometres of extremely potential and underexplored mineral properties within the Excessive Lake Greenstone Belt. The Firm owns the Ulu Gold Mission, comprised of the Ulu Mining Lease and Hood River Property, and the Roma Mission. 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 glorious useful resource progress 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 Initiatives.
Blue Star is listed on the TSX Enterprise Trade underneath the image: BAU, the U.S. OTCQB Enterprise Market underneath the image: BAUFF, and on the Frankfurt Trade underneath the image: 5WP0. For data on the Firm and its initiatives, please go to our web site: www.bluestargold.ca.
For additional data, please contact:
Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the Insurance policies of the TSX-Enterprise Trade) 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 underneath the USA Securities Act of 1933, as amended, and will not be 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 presents to purchase any securities. Any public providing of securities in the USA should 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/277509
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