Dark Star Announces Closing of Private Placement
DARK STAR ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT
VANCOUVER, BRITISH COLUMBIA, MARCH 19, 2025: DARK STAR MINERALS INC. (CSE: BATT)
(the “Company” or “Dark Star”) is pleased to announce that, further to its news release dated March 7,
2025, it is has completed its non-brokered private placement financing (the “Offering”), pursuant to which
it has issued an aggregate of 2,000,000 units (each, a “Unit”) of the Company at a price of $0.05 per Unit
for gross proceeds of $100,000. Each Unit is comprised of one common share (each, a “Share”) and one-
half of one common share purchase warrant (each whole warrant, a “ Warrant”). Each Warrant entitles
the holder thereof to acquire one Share (each, a “Warrant Share”) at a price of $0.075 per Warrant Share
for a period of two years following closing.
Proceeds of the Offering will be used for exploration of the Company’s current properties and for general
working capital.
The Company paid a corporate finance fee of $3,150 (including GST), cash finder’s fee of $6,500 and issued
130,000 finder warrants (each, a “Finder Warrant”) to certain finders in connection with the Offering. The
Finder Warrants entitle the holder to purchase one additional Warrant Share at a price $0.075 per
Warrant Share for a period of two years following closing.
All securities issued in connection with the Offering are subject to a statutory hold period expiring four
months and one day after closing of the Offering.
None of the securities sold in c onnection with the Offering will be re gistered under th e United States
Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States
absent registration or an applicable exemption from the registration requirements. This news release
shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Dark Star Minerals Inc.
Dark Star Minerals Inc. is a mineral exploration co mpany focused on the acquisition and development of
critical mineral resources, specifically the rare earth complex.
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For further information please contact:
Marc Branson – President, Chief Executive Officer and Director
E-mail: [email protected]
Telephone: 604-816-2555
Forward-Looking Statements:
This news release includes certain “forward-looki ng statements” under applicable Canadian securities
legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other
factors that could cause actual results, performance, prospects, and opportunities to differ materially from
those expressed or implied by such forward-looking statements. Forward-looking statements in this news
release include, but are not limited to, statements with respect to the expectations of management
regarding the use of proceeds of the Offering. Alth ough the Company believes that and the expectations
reflected in the forward-looking information are reasonable, there can be no assurance that such
expectations will prove to be correct. Such forw ard-looking statements are subject to risks and
uncertainties that may cause actual results, performance or developments to differ materially from those
contained in the statements including that: the proceeds of the Offering may not be used as stated in this
news release; and those additional risks set out in the Company’s public documents filed on SEDAR+ at
www.sedarplus.ca. Although th e Company believes that the assumptions and fact ors used in preparing
the forward-looking statements are reasonable, undue reliance should not be placed on these statements,
which only apply as of the date of this news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any
intention or obligation to update or revise any forw ard-looking statement, whether as a result of new
information, future events, or otherwise.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this release.