Northstar Gold Corp. (CSE:NSG) closed the first tranche of its non-brokered private placement, raising $390,000.
The tranche comprised 6,150,000 Critical Minerals Eligible Flow Through Units and 381,820 Hard Dollar Units. Flow Through Units, priced at $0.06, include one share and one warrant exercisable at C$0.10 for 24 months. Hard Dollar Units, priced at $0.055, consist of one share and one warrant exercisable at C$0.075 for 24 months.
Proceeds will fund exploration, including at the Cam copper mine and Rosegrove property, and for general working capital.