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South Star Announces Indicative Term Sheet for US$4M Debt Financing for the Santa Cruz Graphite Mine in Brazil and Appointment of New CFO

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VANCOUVER, British Columbia, Aug. 26, 2025 -- South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has signed a non-binding indicative term sheet (“Term Sheet”) with Sprott Streaming and Royalty (“Sprott Streaming”) for a US$4,000,000 loan facility (“Loan”) to support the continued development of the Phase 1 Santa Cruz Graphite Mine in Brazil. The Loan has a 3-year maturity, with final terms and Loan documentation being finalized on an expedited basis. The initial Loan tranche of US$200,000 at closing is conditional on US$2,000,000 equity or subordinated debt financing. The post South Star Announces Indicative Term Sheet for US$4M Debt Financing for the Santa Cruz Graphite Mine in Brazil and Appointment of New CFO appeared first on South Star Battery Metals.

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