South Star Battery Metals CEO Richard Pearce joined Steve Darling from Proactive to share news the company has signed a a binding streaming agreement with Sprott Resource Streaming and Royalty for up to 28 million dollars. Pearce telling Proactive this is in essence a prepayment for graphite concentrates from the Santa Cruz Graphite Project. The first stream payment of 10 Million dollars will be used to fund 100% of required Phase 1 construction which is now expected to start in the next 45-60 days.
South Star Battery Metals and Sprott Resource agree to 28 million dollar streaming deal