Vancouver, British Columbia — December 10, 2025 — Leads & Copy — Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) plans to raise up to $600,000 through a non-brokered private placement.
The company will issue up to 3,000,000 flow-through common shares at $0.20 per share. The private placement is pending approval from the TSX Venture Exchange.
The flow-through shares will qualify under the Income Tax Act (Canada), allowing the company to renounce expenditures to investors for the taxation year ending December 31, 2025.
Securities issued will be subject to a four-month and one-day hold period, in accordance with Canadian securities laws and the Exchange Hold Period. Finder’s fees may be paid to qualified parties.
Blue Star intends to use the net proceeds from the private placement for Canadian exploration expenses on its Nunavut projects before December 31, 2026, and for general working capital.
Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada. Its landholdings cover over 300 square kilometers in the High Lake Greenstone Belt. The company’s assets include the Ulu Gold Project, the Ulu Mining Lease, the Hood River Property, and the Roma Project.
A high-grade gold resource is located at the Flood Zone deposit (Ulu Mining Lease), with additional exploration targets for gold and critical minerals across the company’s land. The future deep-water port at Grays Bay is 40 – 100 km north of the properties, and the proposed Grays Bay Road route passes near the Roma and Ulu Gold Projects.
Blue Star is traded on the TSX Venture Exchange (BAU), the U.S. OTCQB Venture Market (BAUFF), and the Frankfurt Exchange (5WP0).
Grant Ewing, P. Geo., CEO
Telephone: +1 778-379-1433
Email: info@bluestargold.ca
Source: Blue Star Gold Corp.
