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STE.V ·

Starr PEAK Closes Private Placement Raising Gross Proceeds of $850,000

Financings

STARR PEAK CLOSES PRIVATE PLACEMENT RAISING GROSS PROCEEDS OF

$850,000

Vancouver, British Columbia – February 17, 2025 – Starr Peak Mining Ltd. ("Starr Peak" or

the "Company") (TSXV:STE) (OTCQX:STRPF) is pleased to announce that it has closed a non-

brokered private placement (the “Offering”) of 2,48,571 units (the “Units”) of the Company at a

price of $0.35 per Unit for gross proceeds of $850,000. Each Unit consists of one common share

and one share purchase warrant, with each share purchase warrant entitling the holder to acquire

an additional common share of the Company at a price of $0.45 per share for a period of 18 months

from the closing date.

The proceeds from the Offering will be used for exploration and development activities and for

general working capital.

The securities issued in connection with the private placement are subject to a regulatory hold

period expiring on June 18, 2026.

On Behalf of the Board of Directors of Starr Peak Mining Ltd.,

"Johnathan More"

Johnathan More

Chairman and Chief Executive Officer

About Starr Peak Mining Ltd.

Starr Peak Mining Ltd. is a Canadian based mineral exploration company focused on the

acquisition and exploration of precious and base metal mineral deposits. The primary objective of

the Company is to acquire, explore and develop high potential and qualit y gold and base metal

deposits and projects in the Americas. The Company is committed to create long term shareholder

value through mineral discoveries.

For more information please contact:

Johnathan More, Chairman & CEO

Tel: 515-401-7479

https://www.starrpeakminingltd.com

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the

content of this news release.

No securities regulatory authority has either approved or disapproved of the contents of this news

release. The securities being offered have not been, and will not be, registered under the United

States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws,

and may not be offered or sold in the United States, or to, or for the account or benefit of, a "U.S.

person" (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption

therefrom. This press release is for information purposes only and does not constitute an offer to

sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

SOURCE Starr Peak Mining Ltd.