Welcome to our dedicated page for Star Copper news (Ticker: ALCUF), a resource for investors and traders seeking the latest updates and insights on Star Copper stock.
Star Copper Corp (ALCUF) provides comprehensive updates on copper exploration and sustainable resource development in British Columbia. This dedicated news hub offers stakeholders immediate access to official announcements and operational progress reports.
Investors and industry professionals will find curated updates including earnings reports, project milestones, and strategic partnership announcements. Our aggregation ensures you never miss critical developments affecting the company's position in copper markets and green economy initiatives.
The page features verified press releases covering resource estimates, exploration results, and corporate governance updates. Content is organized chronologically for quick reference, with clear sourcing from official company communications.
Bookmark this page for streamlined tracking of Star Copper's progress across key assets including the Indata and Okeover projects. Check regularly for updates on British Columbia mining operations and corporate strategy implementation.
Star Copper Corp. (CSE:STCU) has confirmed that its previously announced plan of arrangement for the spin-out of the Okeover copper-molybdenum project will become effective on May 9, 2025. Shareholders of record as of May 8, 2025, will receive:
1. One identical replacement common share of Star Copper under a new ISIN/CUSIP 2. One-third of one common share in Alpha Copper Corp. for each existing Star Copper share
The Okeover Project, located near Powell River, British Columbia, along with related assets and liabilities, will be transferred to the new entity. No fractional shares will be distributed, and any fractional shares will be rounded down without compensation.
Star Copper Corp (CSE:STCU) has received shareholder and court approval for its planned spin-out of the Okeover copper-molybdenum project to shareholders through Alpha Copper Corp (Spinco). At the April 30 meeting, shareholders representing 41.75% of shares voted with 99.99% approval for the arrangement.
The spin-out is expected to complete around May 9, 2025. Shareholders will receive one new Star Copper share and one-third of one Spinco share for each existing share held. While Star Copper shares will continue trading on CSE, Frankfurt, and OTC markets, Spinco shares will not be initially listed but will operate as a reporting issuer in BC, Alberta and Ontario.
Post-arrangement, Star Copper will focus on its Star copper-gold project in BC's Golden Triangle, while Spinco will advance the Okeover Project near Powell River, BC. Management believes this separation will help unlock value by allowing dedicated advancement of each project.
Star Copper Corp (CSE:STCU) has announced a strategic reorganization through a spin-out of its Okeover copper-molybdenum project to Alpha Copper Corp (Spinco), its wholly-owned subsidiary. The arrangement will distribute Spinco shares to Star Copper shareholders, with each receiving one new Star Copper share and one-third of one Spinco share for each share held.
The Okeover Project spans 4,613 hectares near Powell River, British Columbia, featuring eight mineralization zones. The North Lake Zone has a historic inferred resource of 87 million tonnes grading 0.31% copper and 0.014% MoS2. The project has seen extensive exploration with 116 drill holes totaling 19,000 meters between 1966 and 2008, plus recent 2023 drilling of 1,258 meters across 4 holes.
The spin-out requires shareholder approval at a meeting scheduled for April 30, 2025, along with court and CSE approval. The transaction is expected to complete in Q2 2025, creating two focused entities: Star Copper advancing the Star and Quesnel Projects, and Spinco developing the Okeover Project.
Star Copper Corp (CSE:STCU) has announced a non-brokered private placement offering of up to 8,000,000 units at $0.25 per unit, aiming to raise gross proceeds of up to $2,000,000.
Each unit consists of one common share and one purchase warrant, with warrants exercisable at $0.32 per share for 24 months from issuance. Securities will have a four-month and one-day hold period. The company may pay finder's fees, subject to regulatory approval.
The proceeds will fund project evaluation, working capital, and fulfill existing property commitments and payables. Additionally, the company has postponed its consulting services agreement with Upswitch Media Corp from March 15, 2025, to April 15, 2025.
Alpha Copper Corp has announced it will change its name to Star Copper Corp effective February 21, 2025. The company's shares will continue trading on the Canadian Securities Exchange under the new ticker symbol STCU. The corporate action includes updates to the company's CUSIP (854937109) and ISIN (CA8549371091) identifiers.
Alpha Copper Corp. (CSE:ALCU) has announced a consulting services agreement with Upswitch Media Corp., effective February 14, 2025. The agreement aims to enhance the company's marketing and investor relations efforts through various services including copywriting, ad content design, campaign management, and translation services.
The contract will commence on March 15, 2025, for a 90-day period, with Alpha Copper agreeing to pay Upswitch an aggregate fee of C$350,000. Either party can terminate the agreement with 30 days' notice or immediate termination in case of material breach. The services will be coordinated by Jeff Gillis, Upswitch's principal, based in Vernon, British Columbia, who currently holds no securities in Alpha Copper.
Alpha Copper Corp (CSE:ALCU) has successfully completed a non-brokered private placement, raising $839,999.88 through the issuance of 6,999,999 units at $0.12 per unit. Each unit includes one common share and one purchase warrant, with warrants exercisable at $0.16 per share within a 24-month period from issuance.
The funds will be allocated towards general working capital requirements and fulfilling existing property commitments and payables. All securities issued are subject to a four-month and one-day statutory hold period. The offering was not registered under the U.S. Securities Act of 1933.
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