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Company Description

South Star Battery Metals is focused on the selective acquisition and development of near-term production projects. South Star is driven to create fundamental value in the industrial metals and battery metals sector for clients and investors with real projects that have strong intrinsic financial and operating metrics, and that can be profitable throughout the resource cycles. South Star has an experienced executive team with a strong history of discovering, developing, building and operating profitable mines in Brazil.

 

The Santa Cruz Graphite Project, located in Southern Bahia, is the first of a series of battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. The Project has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q4 2022.

 

The Santa Cruz Project is being developed in a phased approach. Phase 1 operations for the 5,000 tpy pilot plant operations are fully licensed, and the Company is preparing to start construction in September 2021 with commercial production targeted for Q4 2022. Phase 2 operations will represent a larger-scale concentration plant currently planned to produce between 25,000 to 30,000 tpy of concentrate. The sizing of the Phase 2 plant could be increased depending on the successes of the Phase 1 operations, ongoing development of commercial relationships, and market conditions.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education and stewardship.

Investor Inquiries

CHF Capital Markets

T: +1 (416) 868-1079 x 229/ 232

E: [email protected], [email protected]

United States

RB Milestone Group LLC (RBMG)

New York, NY & Stamford, CT

E: [email protected]

TSX.V: STS

For OTCQB: STSBF chart
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Stock Information as of March 2021

Shares Outstanding71.57 M
Warrants @ $0.055 (exp. 04/25)2.66 M
Warrants @ $0.15 (exp. 02/24)25.46 M
Options @ $0.15 (exp. 06/24)90 K
Options @ $0.30 (exp. 05/22)900 K
Options @ $0.45 (exp. 07/23)600 K
Fully Diluted101.283 M
Market Value @ CAD $0.24$17.2 M

*Does not include convertible loan expiring in May 2021

  • Reporting Jurisdictions: British Columbia, Alberta

  • Stock Exchange: TSX Venture, OTCQB

  • Date of Formation: Nov 8, 1984

  • Stock Symbol: TSXV: STS, OTCQB: STSBF

  • Jurisdiction Where Formed: British Columbia

  • Auditor: Manning Elliott LLP

  • Industry Classification: Junior Natural Resource – Mining

  • CUSIP Number: 85858D

  • Transfer Agent: Computershare Trust Company of Canada

  • Financial Year-End: Dec 31

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