공시 • Mar 27
Starmet Ventures Inc. announced that it expects to receive CAD 4 million in funding Starmet Ventures Inc. announced a non-brokered private placement to issue unsecured convertible debentures for gross proceeds of CAD 4,000,000 on March 25, 2026. The debentures issued in the offering will bear interest at a rate of 10% per annum. The outstanding principal amount owed under a debenture may be converted into units of the company, each comprised of one common share and one common share purchase warrant exercisable at a price of CAD 0.40 per common share for a period of 24 months from the issuance date of the unit, at a conversion price of CAD 0.35 per unit. In connection with the offering, the company may pay a finder's fee to certain qualified arm's length parties a cash finder's fee equal to 8% of the gross proceeds raised and a number of common shares equal to 12.5% of the number of units issued upon conversion of the debentures placed by such finder. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws. The offering is subject to approval by the CSE and the filing of all required documentation. The company anticipates closing the offering in one or more tranches following receipt of necessary approvals. New Risk • Jan 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.4m (US$9.02m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Shareholders have been substantially diluted in the past year (111% increase in shares outstanding). Market cap is less than US$10m (CA$12.4m market cap, or US$9.02m). 공시 • May 27
Starmet Ventures Inc., Annual General Meeting, Jul 22, 2025 Starmet Ventures Inc., Annual General Meeting, Jul 22, 2025. 공시 • May 21
Starmet Ventures Inc. announced that it has received CAD 1.11 million in funding On May 20, 2025, STARMET VENTURES INC. closed the transaction. The company announced that it has issued 22,200,000 units (a “Unit”) at an issue price of CAD 0.05 per Unit, raising CAD 1,110,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share for a period of thirty-six months from the date of issue at an exercise price of CAD 0.05 per Warrant Share. In connection with the Private Placement, the Company paid Capitalink Ltd. and LIA Pure Capital Ltd. aggregate cash fees of CAD 91,575 and issued to the Finders, in aggregate, 2,775,000 common shares(the “Finders’ Shares”). All Securities issued pursuant to the Private Placement(including the Finders’ Shares)are subject to a statutory four-month hold period under applicable securities laws which expires on September 20, 2025. 공시 • Feb 04
Starmet Ventures Inc. announced that it expects to receive CAD 2 million in funding Starmet Ventures Inc. announced a non-brokered private placement that it will issue up to 40,000,000 units of the Company at a price of CAD 0.05 per unit for the gross proceeds of up to CAD 2,000,000 on February 3, 2025. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one common share in the capital of the Company for a period of thirty-six months from the date of issue at an exercise price of CAD 0.05 per Warrant Share. Finder’s fees may be payable in respect of some subscriptions received under the Offering. Closing of the Private Placement scheduled for March 3, 2025, is subject to regulatory approval, including the acceptance of the Canadian Securities Exchange. All Shares to be issued pursuant to the Private Placement will be subject to a statutory hold period of four months from the date of issuance. 공시 • Apr 28
Starmet Ventures Inc., Annual General Meeting, Jun 27, 2024 Starmet Ventures Inc., Annual General Meeting, Jun 27, 2024. New Risk • Nov 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 37% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$3.38m market cap, or US$2.45m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding). 공시 • Sep 28
Starmet Ventures Inc. (CNSX:STAR) acquired 257 unpatented mineral claims in Ear Falls, Ontario for CAD 0.94 million. Starmet Ventures Inc. (CNSX:STAR) entered into a letter of intent to acquire 257 unpatented mineral claims in Ear Falls, Ontario for CAD 0.94 million on September 19, 2023. The consideration includes 6 million common shares and CAD 0.035 million in cash.
Starmet Ventures Inc. (CNSX:STAR) completed the acquisition of 257 unpatented mineral claims in Ear Falls, Ontario on September 26, 2023. 공시 • Sep 21
Starmet Ventures Inc. (CNSX:STAR) entered into a letter of intent to acquire 257 unpatented mineral claims in Ear Falls, Ontario for CAD 0.94 million. Starmet Ventures Inc. (CNSX:STAR) entered into a letter of intent to acquire 257 unpatented mineral claims in Ear Falls, Ontario for CAD 0.94 million on September 19, 2023. The consideration includes 6 million common shares and CAD 0.035 million in cash. 공시 • Sep 20
Starmet Ventures Inc. (CNSX:STAR) entered into a letter of intent to acquire 45 unpatented mineral claims in Ear Falls, Ontario for CAD 0.02 million. Starmet Ventures Inc. (CNSX:STAR) entered into a letter of intent to acquire 45 unpatented mineral claims in Ear Falls, Ontario for CAD 0.02 million on September 19, 2023. The consideration includes 0.1 million of common shares and CAD 0.005 million of cash. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.