Goldstar closes $200,200 first tranche of financing

Jun 6, 2021

2021-06-04 16:42 ET – News Release

 

Mr. David Crevier reports

GOLDSTAR CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Goldstar Minerals Inc. has closed a non-brokered private placement of $200,200, representing the first tranche of a flow-through share financing of up to $720,000. Under this first tranche, the corporation issued 1,112,223 flow-through common shares at a price of 18 cents per share for gross proceeds of $200,200.

The flow-through shares issued pursuant to this private placement are subject to a four-month hold period.

The proceeds from the issuance of the flow-through shares will be used to incur Canadian exploration expenses on properties of the corporation located in the province of Quebec.

An insider of the corporation subscribed for a total of 277,778 flow-through shares, having an aggregate subscription price of $50,000.

We seek Safe Harbor.

https://www.goldstarminerals.com/

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