VANCOUVER, BC, Jan. 10, 2023 /CNW/ - South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for total proceeds of C$230,166. This Offering is related to the Company's previous private placement completed in November 2022 (See press release dated Nov. 16, 2022), but funds were received in January of 2023. Net proceeds from the Private Placement will be used for exploration, development, Phase 1 construction activities, corporate G&A and general working capital requirements. Phase 1 commercial production is planned for Q4 2023.
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