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Canaccord Genuity|Stardust Metal|Gold Mining|Private Placement|Ontario|Cadillac Break
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canaccord-genuity|stardust-metal|gold-mining|private-placement|ontario|cadillac-break

Canadian gold explorer Stardust to raise up to $14.5m for Cadillac Break prospecting

Stardust project locations in Cadillac Break

Stardust project locations in Cadillac Break

18th September 2026

By: Marleny Arnoldi

Online News Editor

     

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TSX-V-listed gold explorer Stardust Metal Corporation has appointed Canaccord Genuity Corporation as lead agent and sole bookrunner on behalf of a syndicate of agents to be formed in connection with a "best efforts" private placement offering for aggregate gross proceeds of up to $12.6-million.

Stardust has already received a lead order from a recognised publicly traded regional producer.

The offering will comprise 3.3-million premium flow-through common shares of the company at a price of $2.72 apiece and up to 1.7-million common shares at a price of $1.95 apiece.

Stardust also grants Canaccord the option to sell an additional 15% of each of the premium flow-through shares and common shares to raise additional gross proceeds of $1.8-million, which would raise a total $14.5-million from the private placement.

Stardust is developing assets in the world-class Cadillac Break, Ontario, with its main assets being the McGarry, Omega, Kirkland West and Goldie projects.

Edited by Creamer Media Reporter

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