Fri Jan 31 08:20:00 UTC 2025: **Stardust Solar Completes $524,610 Private Placement to Fuel US Expansion**
**VANCOUVER, BC / ACCESSWIRE / January 30, 2025 /** Stardust Solar Energy Inc. (TSXV: SUN), a renewable energy franchise company, announced today the closing of the final tranche of its upsized private placement offering. The company issued 5,246,104 units at $0.10 per unit, raising approximately $524,610. Each unit consists of one common share and one warrant to purchase an additional share at $0.20 within 18 months. Finder’s fees totalled $30,905, with 309,050 finder’s warrants issued under similar terms.
The funds will be used to accelerate Stardust Solar’s expansion into the U.S. market, following its recent acquisition of Solar Grids Development LLC. Additional uses include working capital, marketing, and administrative operations. All securities are subject to a four-month plus one-day hold period, pending final TSX Venture Exchange approval. The offering is not registered under US securities laws and cannot be offered or sold in the US without registration or an exemption.
The company cautions that forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. For more information, visit http://www.stardustsolar.com.
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