Star Copper Announces $1 Million LIFE Offering & Amendment to Indata Project Option Agreement

VANCOUVER, British Columbia, May 16, 2025, Star Copper Corp. (the “Company”) (CSE: STCU) (OTC: STCUF) (FWB: PP00)  is pleased to announce that it intends to modify its existing non-brokered private placement (refer to the Company’s press release of April 29, 2025 for further details) (the “Offering”) by adding an additional non-brokered private placement for gross proceeds of up to C$1,000,000 from the sale of up to 2,000,000 units of the Company (each, a “Unit”) at a price of C$0.50 per Unit (the “LIFE Offering”) under the Listed Issuer Financing Exemption (as defined herein). The previously announced flow through and non-flow through components of the Offering will proceed on the same basis as previously disclosed alongside the new LIFE Offering component, and neither the LIFE Offering nor the previously announced Offering components are conditional upon completion of the other.

Each Unit will consist of one common share in the capital of the Company (each, a “Common Share” and collectively, “Common Shares”) and one Common Share purchase warrant of the Company (each a “Warrant” and collectively, “Warrants”). Each Warrant will be exercisable to acquire one Common Share (each a “Warrant Share”) at a price of $0.75 per Warrant Share for a period of 12 months from the Closing Date (as defined below). The Warrant Shares will be subject to resale restrictions prohibiting the transfer thereof until the date which is four months and one day from the Closing Date (the “Warrant Share Restriction”). The Warrants to be issued pursuant to the LIFE Offering will not be listed for trading on any stock exchange. The LIFE Offering is expected to close on or about May 23, 2025 (the “Closing Date”), or such other date as determined by the Company, such date being no later than 45 days from the date the Company issues a press release announcing the LIFE Offering.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the LIFE Offering is being made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws, however the Warrant Shares will be subject to the Warrant Share Restriction in accordance with their terms.