Stardust Metal Raises CA$14.5 Million in a Brokered Private Placement
MT newswire2026/10/08 16:3812:38 PM EDT, 10/08/2026 (MT Newswires) -- Stardust Metal (ZIGY.V) closed a brokered private placement offering that raised CA$14.5 million, including the full exercise of the agents' option, it said Thursday. The company placed 3.8-million premium flow-through shares (premium FT shares) at CA$2.725 each for about CA$10.5 million, and 2.1-million common shares at CA$1.95 fort CA$4.0 million. The company had also entered into an investor rights agreement with a strategic investor that acquired 2.56-million shares, giving the investor about a 5% stake. Proceeds from the sale of the common shares will be used in advancing the development of its mineral properties and for working capital and general corporate needs. Shares of the company were last seen down CA$0.13, or 6.7%, to CA$1.82 on the TSX Venture Exchange. Price: 1.82, Change: -0.13, Percent Change: -6.67
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