South Star Announces Non-Brokered Private Placement

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES – VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce it intends to proceed with a non-brokered private placement of up to 26,666,667 common shares (the “Shares”) at a price of CAD $0.15 per common share for gross proceeds of up to CAD $4.0 million (the “Offering”). Net proceeds are expected to be used to support the continued scaling and advancement of the Company's operations, including the execution of capital expenditures associated with the planned expansion of the Santa Cruz graphite operation toward a production capacity of 10,000 tonnes per annum, as well as for corporate general and administrative expenses and general working capital purposes.