South Star Secures US$4M Debt Financing for Santa Cruz Graphite Mine in Brazil and Appoints New CFO
ByAinvest
Tuesday, Aug 26, 2025 7:02 pm ET1min read
SII--
South Star Battery Metals Corp. has signed a non-binding indicative term sheet with Sprott Streaming for a US$4M loan facility to support the development of the Santa Cruz Graphite Mine in Brazil. The loan has a 3-year maturity, and the proceeds will be used for equipment adjustments, working capital, and process optimization. Darren Prins has been appointed as the new CFO. The financing is expected to close on an expedited schedule, with the initial tranche of US$200,000 conditional on US$2M equity or subordinated debt financing.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
ABOUT US
Our StoryNews AuthorsKnowledge BasePrivacy PolicyTerm of UseThird Party Brokerage DisclaimerAIME Terms of UseAInvest AI Risk DisclosuresCareersCONTACT US
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
Comments
No comments yet