Reported Earnings • May 05
Full year 2025 earnings released: US$0.005 loss per share (vs US$0.01 loss in FY 2024) Full year 2025 results: US$0.005 loss per share (improved from US$0.01 loss in FY 2024). Net loss: US$2.12m (loss narrowed 54% from FY 2024). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Announcement • Mar 31
CryptoStar Corp., Annual General Meeting, Jun 11, 2026 CryptoStar Corp., Annual General Meeting, Jun 11, 2026. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Aurelio Useche was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 28
Third quarter 2025 earnings released: US$0.002 loss per share (vs US$0.001 loss in 3Q 2024) Third quarter 2025 results: US$0.002 loss per share (further deteriorated from US$0.001 loss in 3Q 2024). Net loss: US$745.8k (loss widened 46% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Oct 16
CryptoStar Corp. announced that it expects to receive CAD 2.25 million in funding CryptoStar Corp announce a non-brokered private placement offering of 150,000,000 units at a price of CAD 0.015 per Unit for gross proceeds CAD 2,250,000 on October 15, 2025. Each Unit will consist of one Share and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Share for a period of 60 months from the date of the issue of the Warrants at an exercise price of $0.05 per Warrant Share. The Company did not file the material change report more than 21 days before the expected closing date of the Offering due to the timing of the announcement of the Offering and closing occurring in less than 21 days. The Offering is subject to TSX Venture Exchange approval. The securities issued in connection with the Offering are subject to a four-month hold period, in accordance with applicable securities laws and TSXV policies. Reported Earnings • Aug 31
Second quarter 2025 earnings released: US$0.001 loss per share (vs US$0.002 loss in 2Q 2024) Second quarter 2025 results: US$0.001 loss per share (improved from US$0.002 loss in 2Q 2024). Revenue: US$80.8k (down 89% from 2Q 2024). Net loss: US$572.3k (loss narrowed 35% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2025 earnings released: US$0.001 loss per share (vs US$0.001 loss in 1Q 2024) First quarter 2025 results: US$0.001 loss per share (in line with 1Q 2024). Revenue: US$93.2k (down 90% from 1Q 2024). Net loss: US$323.1k (loss narrowed 40% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 28
Third quarter 2024 earnings released: US$0.001 loss per share (vs US$0.003 loss in 3Q 2023) Third quarter 2024 results: US$0.001 loss per share (improved from US$0.003 loss in 3Q 2023). Revenue: US$349.4k (down 61% from 3Q 2023). Net loss: US$512.5k (loss narrowed 62% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2024 earnings released: US$0.002 loss per share (vs US$0.004 loss in 2Q 2023) Second quarter 2024 results: US$0.002 loss per share (improved from US$0.004 loss in 2Q 2023). Revenue: US$750.7k (down 19% from 2Q 2023). Net loss: US$885.5k (loss narrowed 44% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Announcement • May 22
CryptoStar Corp., Annual General Meeting, Jul 25, 2024 CryptoStar Corp., Annual General Meeting, Jul 25, 2024. Announcement • Mar 28
CryptoStar Corp. announced that it has received CAD 0.723 million in funding On March 27, 2024, CryptoStar Corp., closed the transaction. The company issued 50,000 Shares and 50,000 Warrants for aggregate gross proceeds of CAD 2,500 in its second and final tranche closing. As a part of the transaction, the company paid a cash finder fee of CAD 175 and an aggregate 1,500 Shares and 1,500 finder's warrants to finders. New Risk • Mar 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% 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 Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Revenue is less than US$5m (US$3.7m revenue). Market cap is less than US$100m (CA$24.4m market cap, or US$18.1m). Announcement • Jan 17
CryptoStar Corp. announced that it expects to receive CAD 2 million in funding On January 17, 2024, the company announced a private placement of 40,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 2,000,000 on January 17, 2024. Each unit will be comprised of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one share at a price of CAD 0.07 per warrant share for a period of 36 months from the closing date of the offering. In connection with the offering, the company may pay certain finders a cash commission equal to 7% of the aggregate gross proceeds raised from those purchasers introduced by such finder and/or issue that number of shares and/or common share purchase warrants equal to 3% of the number of units purchased by those purchasers introduced by such Finder. Each finder warrant will entitle the holder thereof to acquire a share at an exercise price of CAD 0.07 per finder’s warrant share for a period of 36 months from the Closing Date. The company will pay a finance fee of CAD 15,000 upon completion of the offering. The offering may close in tranches, with the first tranche expected to close on or around January 31, 2024. The offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange Reported Earnings • Nov 28
Third quarter 2023 earnings released: US$0.003 loss per share (vs US$0.003 loss in 3Q 2022) Third quarter 2023 results: US$0.003 loss per share (in line with 3Q 2022). Revenue: US$893.9k (down 37% from 3Q 2022). Net loss: US$1.34m (loss narrowed 4.0% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year. Reported Earnings • Aug 31
Second quarter 2023 earnings released: US$0.004 loss per share (vs US$0.011 loss in 2Q 2022) Second quarter 2023 results: US$0.004 loss per share (improved from US$0.011 loss in 2Q 2022). Revenue: US$931.5k (down 47% from 2Q 2022). Net loss: US$1.59m (loss narrowed 67% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 01
First quarter 2023 earnings released: US$0.004 loss per share (vs US$0.003 loss in 1Q 2022) First quarter 2023 results: US$0.004 loss per share (further deteriorated from US$0.003 loss in 1Q 2022). Revenue: US$874.1k (down 28% from 1Q 2022). Net loss: US$1.56m (loss widened 28% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 29
Full year 2022 earnings released: US$0.039 loss per share (vs US$0.009 loss in FY 2021) Full year 2022 results: US$0.039 loss per share (further deteriorated from US$0.009 loss in FY 2021). Revenue: US$5.42m (up 14% from FY 2021). Net loss: US$16.7m (loss widened 381% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year. Announcement • Dec 21
CryptoStar Corp. Announces Resignation of Sean Harris as Chief Financial Officer, Effective February 28, 2023 CryptoStar Corp. announced that Sean Harris has informed the Company of his decision to resign as Chief Financial Officer of the Company effective February 28, 2023. The Company has commenced the process to search for a new Chief Financial Officer and will provide an update at a future date. Reported Earnings • Nov 29
Third quarter 2022 earnings released: US$0.003 loss per share (vs US$0.001 loss in 3Q 2021) Third quarter 2022 results: US$0.003 loss per share (further deteriorated from US$0.001 loss in 3Q 2021). Revenue: US$1.42m (down 5.2% from 3Q 2021). Net loss: US$1.40m (loss widened 334% from 3Q 2021). Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the IT industry in Canada are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Breakeven Date Change • Nov 16
No longer forecast to breakeven The analyst covering CryptoStar no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$6.20m in 2022. New forecast suggests the company will make a loss of US$5.90m in 2022. Announcement • Oct 08
CryptoStar Corp. Provides Update on Operations CryptoStar Corp. announces that it has terminated the letter of intent with a Kansas, USA based energy company effective October 6, 2022. The Company also provides an update on operations. As at October 7, 2022, the Company has an aggregate self-mining Hashrate of 92.24 PH/s from ASIC miners running at its data centres. The 92.24 PH/s of existing self-mining Hashrate currently contributes USD 227,247 per month in self-mining revenue for CryptoStar. (Source: https://whattomine.com/Mining metrics are calculated based on a BTC - USD exchange rate of 1 BTC = $19,985.68 updated at 2022-10- 07 11:42:12 UTC). 160 high performance ASIC miners of the previously announced purchase of 600 high performance ASIC miners remain to be deployed. This will increase the Company's self-mining Hashrate from ASIC miners by a further 14.1 PH/s. The Company anticipates deploying these ASIC miners as expeditiously as possible upon expansion of its operations in Quebec, Canada. Since the completion of Ethereum's merge to proof of stake, the Company is actively exploring opportunities to utilize its GPU computing power. As at October 7, 2022, the Company has Equipment Hosting Agreements for an aggregate mining capacity of approximately 12 MW located at its award-winning data centre facilities in Utah, USA, contributing annual hosting revenues for the Company of USD 2.1 million. On October 6, 2022, the Company terminated the LOI with the Kansas Partner previously announced on February 10, 2022 as a result of its due diligence investigations. The Company, through a subsidiary, continues to make progress on its expansion of operations in Quebec, Canada, and on its application with Hydro Quebec to secure an additional 5 MW of power at its data centre. The natural gas power generation site of 611890 Alberta Inc. DBA Avila Energy remains shut down. Litigation against the Alberta Partner et al. is ongoing with respect to the non-compliance with terms of the power supply agreement for up to 30 MW and damages arising therefrom. The Company plans to continue to further expand its self-mining inventory of mining hardware. Further orders for mining hardware may be placed using astute capital management strategies based upon prevailing market conditions. The Company plans to continue to further expand its data centre operations in North America by partnering with large cryptocurrency miners seeking operating locations in North America. The Company continues to consider and perform diligence on several potential transactions and opportunities. Reported Earnings • Aug 27
Second quarter 2022 earnings released: US$0.011 loss per share (vs US$0.003 loss in 2Q 2021) Second quarter 2022 results: US$0.011 loss per share (down from US$0.003 loss in 2Q 2021). Revenue: US$1.76m (up 218% from 2Q 2021). Net loss: US$4.78m (loss widened 309% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 01
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: US$0.003 loss per share (up from US$0.008 loss in 1Q 2021). Revenue: US$1.21m (up US$1.11m from 1Q 2021). Net loss: US$1.22m (loss narrowed 44% from 1Q 2021). Revenue exceeded analyst estimates by 58%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2021 earnings released: US$0.009 loss per share (vs US$0.024 loss in FY 2020) Full year 2021 results: US$0.009 loss per share (up from US$0.024 loss in FY 2020). Revenue: US$4.74m (up US$4.21m from FY 2020). Net loss: US$3.46m (loss narrowed 33% from FY 2020). Over the next year, revenue is forecast to grow 178%, compared to a 18% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Dec 16
CryptoStar Corp. (TSXV:CSTR) completed the acquisition of Neuro Digital Inc. CryptoStar Corp. (TSXV:CSTR) signed a letter of intent to acquire Neuro Digital Inc. for CAD 2.4 million on November 12, 2021. Key management personnel of Neuro Digital will remain with the company and will be responsible for the expansion of CryptoStar’s operations in Quebec, Canada. The transaction is subject to the completion of due diligence and It is anticipated that the execution of definitive agreement will be executed no later than December 15, 2021.
CryptoStar Corp. (TSXV:CSTR) completed the acquisition of Neuro Digital Inc. on December 15, 2021. Philippe Bergeron will remain as Chief Executive Officer of Neuro Digital, and Frederick Angers will remain as Chief Technology Officer of Neuro Digital. Reported Earnings • Dec 01
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: US$0.001 loss per share (up from US$0.003 loss in 3Q 2020). Net loss: US$321.5k (loss narrowed 53% from 3Q 2020). Revenue exceeded analyst estimates by 50%. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) were behind analyst estimates. Over the next year, revenue is forecast to grow 266%, compared to a 23% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 01
Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.002 loss in 2Q 2020) Second quarter 2021 results: Net loss: US$1.17m (loss widened 124% from 2Q 2020). Reported Earnings • Jun 02
First quarter 2021 earnings released: US$0.008 loss per share (vs US$0.002 loss in 1Q 2020) First quarter 2021 results: Net loss: US$2.19m (loss widened 339% from 1Q 2020). Announcement • May 19
CryptoStar Corp. Announces Deployment of GPU and ASIC Miners CryptoStar Corp. announced that operations have commenced in Alberta, Canada and the first containers housing GPU and ASIC miners have been gradually deployed over the past several weeks. Operations: CryptoStar currently has an aggregate Hashrate of 58,230 MH/s from GPU miners and 13,890 TH/s from ASIC miners running at its data centres. The deployment of 58,230 MH/s and 13,890 TH/s of Hashrate using the latest generation GPU and ASIC miners currently contributes $313,410.95 per month in self-mining revenue for CryptoStar. An additional 21,200 MH/s of GPU Hashrate has been delivered and will be deployed in CryptoStar's data centres by the end of May 2021. Future Growth: CryptoStar will continue to further expand its self-mining inventory of mining hardware. Additional miners have been ordered for delivery in June 2021 and further orders for mining hardware will be placed using astute capital management strategies based upon prevailing market conditions for delivery in Third Quarter 2021 and Fourth Quarter 2021. CryptoStar is currently considering and performing diligence on several potential transactions and opportunities. Executive Departure • May 08
Chief Financial Officer has left the company On the 3rd of May, Jing Peng's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Jing's name. A total of 2 executives have left over the last 12 months. Reported Earnings • May 04
Full year 2020 earnings released: US$0.024 loss per share (vs US$0.01 loss in FY 2019) Full year 2020 results: Net loss: US$5.20m (loss widened 144% from FY 2019). Announcement • Mar 16
CryptoStar Corp. announced that it has received CAD 25 million in funding On March 15, 2021, CryptoStar Corp. (TSXV:CSTR) closed the transaction. Announcement • Mar 12
CryptoStar Corp. announced that it expects to receive CAD 25 million in funding CryptoStar Corp. (TSXV:CSTR) announced that it has entered into a securities purchase agreement with institutional investors for a private placement of common shares and warrants to purchase common shares for gross proceeds of approximately CAD 25,000,000 on March 10, 2021. The company will issue up to 83,333,334 common shares and warrants to purchase up to 83,333,334 common shares at a purchase price of CAD 0.30 per common share and associated warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.40 per common share for a period of three and one-half years following the closing date. The transaction is expected to close on or about March 15, 2021, subject to satisfaction of customary closing conditions, including receipt of conditional approval by the TSX Venture Exchange. Announcement • Mar 10
CryptoStar Corp. announced that it expects to receive CAD 7 million in funding CryptoStar Corp. (TSXV:CSTR) announced a non-brokered private placement of up to 35,000,000 units at the price of CAD 0.20 per unit for gross proceeds of CAD 7,000,000 on March 8, 2021. Each unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to acquire one common share at an exercise price of CAD 0.27 per share for a period of 18 months from the closing date. All securities to be issued in the transaction will be subject to a four-month hold period, in accordance with applicable securities laws. The transaction is subject to TSX Venture Exchange approval. The company may pay a finder's fee to eligible parties in connection with the offering, subject to the approval of the TSXV and compliance with applicable securities laws. Announcement • Mar 07
CryptoStar Corp. announced that it has received CAD 2 million in funding On March 5, 2021, CryptoStar Corp. (TSXV:CSTR) closed the transaction. The transaction included participation from David Jellins and Amelia Jones (each hold a 50% interest, acquired 15,000,000 units in the transaction. Is New 90 Day High Low • Feb 21
New 90-day high: CA$0.36 The company is up 555% from its price of CA$0.055 on 20 November 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 20% over the same period. Announcement • Feb 18
CryptoStar Corp. announced that it expects to receive CAD 2 million in funding CryptoStar Corp. (TSXV:CSTR) announced a non-brokered private placement of up to 20,000,000 units at the price of CAD 0.1 per units for gross proceeds of CAD 2,000,000 on February 17, 2021. Each unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to acquire one common share at a price of CAD 0.15 per common share for a period of 18 months following the closing date of the transaction. The offering is subject to TSX Venture Exchange approval and compliance with applicable securities laws. The securities issued in connection with the offering will be subject to a four-month hold period, in accordance with applicable securities laws. Is New 90 Day High Low • Feb 18
New 90-day high: CA$0.23 The company is up 309% from its price of CA$0.055 on 19 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. Announcement • Feb 05
CryptoStar Corp. announced that it has received CAD 0.5 million in funding On February 4, 2021, CryptoStar Corp. (TSXV:CSTR) closed the transaction. Announcement • Dec 19
CryptoStar Corp. announced that it expects to receive CAD 1 million in funding CryptoStar Corp. (TSXV:CSTR) announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,000,000 on December 17, 2020. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of CAD 0.075 per share for a period of 18 months following the closing date of the transaction. The transaction is subject to TSX Venture Exchange approval. The securities issued in connection with the transaction will be subject to a four-month hold period, in accordance with applicable securities laws. Certain insiders of the company may acquire units in the transaction. Announcement • Dec 11
CryptoStar Corp. Announces Executive Changes CryptoStar Corp. announced that Mr. Jing Peng has been appointed Chief Financial Officer of the Company, effective immediately. Mr. Peng is a Chartered Professional Accountant (CPA) and has worked in public accounting for the past ten years. Mr. Peng replaces Mr. Darabi. Announcement • Dec 01
CryptoStar Corp. announced that it expects to receive CAD 0.2 million in funding CryptoStar Corp. (TSXV:CSTR) announced a non-brokered private placement of 4,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 200,000 on November 30, 2020. Each units consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of CAD 0.075 per share for a period of 18 months following the closing date of the transaction. The securities issued in connection with the transaction will be subject to a four-month hold period, in accordance with applicable securities laws. The company may pay finder's fee to eligible parties in connection with the transaction. The transaction is subject to TSX Venture Exchange approval. Reported Earnings • Oct 16
First half earnings released Over the last 12 months the company has reported total losses of US$3.67m, with losses narrowing by 79% from the prior year. Total revenue was US$5.00m over the last 12 months, down 55% from the prior year. Announcement • Oct 08
CryptoStar Corp. announced that it has received CAD 0.25 million in funding On October 7, 2020, CryptoStar Corp. (TSXV:CSTR) closed the transaction. An insider of the company participated for 1,061,735 units in the transaction. Announcement • Sep 30
CryptoStar Corp. Announces Executive Changes CryptoStar Corp. announced that Mr. Mason M. Darabi has been appointed Chief Financial Officer of the company, effective immediately. Mr. Darabi is a Chartered Professional Accountant (CPA), the Chief Innovation Officer at NDAX (National Digital Asset Exchange), a Venture Partner at Blockchain Founders Fund, and a Venture Builder with Tandem Innovation Group and Red Thread Ventures. Mr. Darabi replaces Jing Peng as Chief Financial Officer. Announcement • Sep 22
Cryptostar Corp. Signs Consulting Agreement CryptoStar Corp. announced it has signed a consulting agreement with a consultant based in China effective September 18, 2020. The Consultant will provide services in the role of Cryptostar Corp. Business Development Manager (Asia). The Consultant and the Consultant's team will source and acquire high quality GPUs and miner components from manufacturers and will supervise quality control, logistics and delivery of turnkey GPU miners to customers under a new brand. The Consultant and the Consultant's team will also source and acquire high quality ASIC miners from well-known manufacturers and other sources for resale and delivery to customers. It is anticipated that the Company will begin taking deposits for orders within 30 days with delivery to be scheduled within 90 days. The Consultant will be compensated under a profit share arrangement. The Consultant may elect to receive net profits either in cash or units of the Company subject to the approval of the TSX Venture Exchange. Benefits of the Agreement: The Company will accept deposits for both GPU and ASIC miners in bulk orders only for delivery worldwide. The company's award-winning data centre facilities in Utah, USA will be used as a showcase for the new GPU miner business. The Company will be able to provide a one-stop shop for high quality GPU and ASIC miners, logistics and shipping and hosting solutions for customers worldwide at low power rate data centres in China, Canada and other data centres around the world. Announcement • Sep 11
CryptoStar Corp. announced that it expects to receive CAD 0.25 million in funding CryptoStar Corp. (TSXV:CSTR) announced a non-brokered private placement of 5,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 250,000 on September 10, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of CAD 0.075 per share for a period of 18 months following the closing date of the transaction. The transaction is subject to approval from TSX Venture Exchange. The securities issued in connection with the transaction will be subject to a four-month hold period, in accordance with applicable securities laws. The company may pay a finder’s fee to eligible parties in connection with the transaction subject to the approval of the TSX Venture Exchange and compliance with applicable securities laws. Announcement • Jul 18
CryptoStar Corp. announced that it has received CAD 0.25 million in funding On July 16, 2020, CryptoStar Corp. (TSXV:CSTR) closed the transaction. the company paid finders fees of CAD 4,725, 40,500 common shares and 40,500 finder warrant to EMD Financial Inc and CAD 10,500, 210,000 finder’s warrants to Leede Jones Gable Inc. Each finder’s warrant entitles the holder thereof to acquire one common share at a price of CAD 0.075 per share for a period of twelve months from the date of issue. Announcement • Jul 09
CryptoStar Corp. announced that it expects to receive CAD 0.25 million in funding CryptoStar Corp. (TSXV:CSTR) announced a non-brokered private placement of 5,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 250,000 on July 8, 2020. Each unit consists of one common share and one-half of a common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of CAD 0.075 per share for a period of 12 months following the closing date of the transaction. The transaction is subject to approval from TSX Venture Exchange. The securities issued in connection with the transaction will be subject to a four-month hold period, in accordance with applicable securities laws. The company may pay a finder’s fee to eligible parties in connection with the transaction subject to the approval of the TSX Venture Exchange and compliance with applicable securities laws. Announcement • Jun 18
CryptoStar Corp. Auditor Raises 'Going Concern' Doubt CryptoStar Corp. filed its Annual on Jun 12, 2020 for the period ending Dec 31, 2019. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern.