Starr PEAK Closes Strategic Institutional Private Placement
STARR PEAK CLOSES STRATEGIC INSTITUTIONAL PRIVATE PLACEMENT
Vancouver, British Columbia – August 16th, 2022 – 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 of 2,879,743 flow-through units (the “ Units”) of the Company at a
price of $0.95 per Unit for gross proceeds of $2,735,755.85. Each Unit consists of one flow-
through common share and one-half of one share purchase warrant, with each share purchase
warrant entitling the holder to acquire an additi onal common share of the Company at a price of
$1.40 per share for a period of 18 months from the closing date.
In connection with the closing, the Company will pay finder’s fees of up to 6% cash to two finders.
The flow-through shares and warrants comprising th e Units are subject to a hold period expiring
December 16, 2022.
The proceeds from the financing will be used for the ongoing drill program 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 base d 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, expl ore and develop high potential a nd quality gold and base metal
deposits and projects in the Americas. The Company is committed to creating long-term
shareholder value through mineral discoveries.
For more information please contact:
Johnathan More, Chairman & CEO
Tel: 515-401-7479
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 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.
Cautionary Note Regarding Forward-Looking Information:
This press release contains forward-looking information 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 unknown risks, uncertainties
and other factors that may cause ac tual results, performance or achievements to be materially
different from those implied by such statem ents. Although such statements are based on
management's reasonable assumptions, Starr Peak a ssumes no responsibility to update or revise
forward-looking information to reflect new events or circumstances unless required by law.
Although the Company believes th at 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 assurance that they will prove to be correct.
Since forward-looking statements address future events and conditions, by their very nature they
involve inherent risks an d uncertainties. These statements speak only as of the date of this press
release. Actual results could differ materially from those currently anticipated due to several
factors and risks including various risk factors discussed in the Company's disclosure documents
which can be found under the Company's profile on www.sedar.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Sectio n 21E the Securities Ex change Act of 1934, as
amended and such forward-looking statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. The TSXV has neither reviewed nor approved
the contents of this press release.
SOURCE Starr Peak Mining Ltd.