Off-market insider buying at South Star Battery Metals (STS)

Off-market insider buying at South Star Battery Metals (V:STS)

ACE Capital Grou Gestora de Recursos Ltda., a 10% Holder, acquired 1,180,555 Common Shares on a control or direction basis for registered holder Various Investment Funds managed by Ace Capital Grou Gestora de Recursos LTDA at a price of $0.720 through a prospectus or prospectus exempt offering on March 5th, 2024. This represents a $850,000 investment into the company's shares and an account share holdings change of 15.2%.

South Star Battery Metals is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. The Company's primary focus is the Santa Cruz Graphite Mine. Its Santa Cruz Graphite Project, located in Southern Bahia, is the first of a series of industrial and battery metals projects. The Santa Cruz Graphite Project is located in the state of Bahia, Brazil and consists of approximately 13 approved licenses covering 13,316 hectares. Its second project, BamaStar Graphite Project in the development pipeline, is located in Alabama in the center of a developing electric vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Graphite Project is located on the northeast end of the Alabama Graphite Belt and covers about 500 acres in Coosa County, Alabama. Its natural flake crystalline graphite concentrate product line is sourced from the Santa Cruz Graphite Project in Brazil.