Starr PEAK Closes Strategic Institutional Private Placement
43614|6712548_1
STARR PEAK CLOSES STRATEGIC INSTITUTIONAL PRIVATE PLACEMENT
Vancouver, British Columbia – November 23, 2021 – Starr Peak Mining Ltd. ("Starr Peak" or the
"Company") (TSX-V:STE) (OTC:STRPF) is pleased to announce that it has closed a non-brokered
private placement of Flow-Through Units at $2.55 per Unit. The Company has issued 1,474,510 Units at
$2.55 per Unit for gross proceeds of $3,760,000.50. Each Unit consists of one flow-through common share
and one-half of one share purchase warrant, with each whole share purchase warrant entitling the holder to
acquire an additional common share of the Company at a price of $3.25 per share for a period of 18 months
from closing. The financing was completed at a substantial premium to its current share price.
In connection with the closing, the Company paid a cash fee to a finder for a portion of the financing. The
flow-through shares and warrants issued are subject to a hold period expiring March 23, 2022.
The proceeds from the financing will be used for drilling and exploration work on the Company’s Quebec
properties.
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 minera l exploration company focused on the acquisition and
exploration of precious and base metal mineral depo sits. The primary objective of the Company is to
acquire, explore and develop high po tential and quality gold 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: 646-661-0409
https://www.starrpeakminingltd.com
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 no t 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 o ffer to sell or a solicitation of an offer to buy any securities of
the Company in any jurisdiction.
43614|6712548_1
Cautionary Note Regarding Forward-Looking Information:
This press release contains forward-looking informati on based on current expectations, including the use
of funds raised under the Offering. These statements should not be read as guarantees of future performance
or results. Such statements involve known and unknow n risks, uncertainties and other factors that may
cause actual results, performance or achievements to be materially different from those implied by such
statements. Although such statements are based on management's reasonable assumptions, Starr Peak
assumes no responsibility to update or revise forward- looking information to reflect new events or
circumstances unless required by law.
Although the Company believes that the expectations and assumptions on which the forward- looking
statements are based are reasonable, undue reliance should not be placed on the forward-looking statements
because the Company can give no assu rance that they will prove to be correct. Since forward-looking
statements address future events and conditions, by th eir very nature they involve inherent risks and
uncertainties. These statements speak only as of the date of this press release. Actual results could differ
materially from those currently anticip ated due to several factors and ri sks including various risk factors
discussed in the Company's disclosure documents wh ich can be found under the Company's profile on
www.sedar.com.
This press release contains "forward-looking statemen ts" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe harbor pr ovisions of the Private Securities
Litigation Reform Act of 1995. The TSXV has neither re viewed nor approved the contents of this press
release.
SOURCE Starr Peak Mining Ltd.