close
close

Blue Star Gold Corp. is seeking a $3 million capital boost

Blue Star Gold Corp (TSE:BAU) has released an update.

Blue Star Gold Corp. will raise $3 million through a non-brokered private placement, offering up to 6,250,000 flow-through shares and 12,500,000 common shares at a price of $0.16 each. Proceeds from this placement will fund Canadian exploration costs for Blue Star’s Nunavut projects and general corporate purposes. The offering is subject to regulatory approval of the TSX Venture Exchange.

For more insight into TSE:BAU stock, check out TipRanks’ Stock Analysis Page.