Star copper confirms effective date of spin-out of okeover project

Vancouver, bc / access newswire / may 7, 2025 / star copper corp. ("star copper" or the "company") (cse:stcu) is pleased to report that, further to its news release dated may 6, 2025, the previously announced plan of arrangement (the "arrangement") will become effective on may 9, 2025 (the "effective date"). star copper shareholders of record as at the close of business on may 8, 2025 (the "shareholders") will receive, for each existing common share of the company (isin: ca8549371091; cusip: 854937) held immediately prior to the effective date: (i) one identical replacement common share of star copper under a new isin / cusip (isin: ca85512h1047; cusip: 85512h104) (each, a "new star copper share"); and (ii) one-third of one common share under a new isin / cusip (isin: ca02074c1005; cusip: 02074c100) (each whole common share, a "spinco share") in the authorized capital of alpha copper corp. no fractional spinco shares will be distributed under the arrangement; any fractional spinco shares that result from the arrangement will be rounded down to the nearest whole number without any compensation paid to the applicable shareholders in lieu of any such fractional spinco shares.
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