Glenstar Minerals Inc. is pleased to announce that it has closed its previously announced commercially reasonable efforts private placement of 4,500,000 units of the Company at a price of $0.68 per Unit through Hampton Securities Limited . The Agent elected to exercise its over-allotment option to purchase an additional 622,235 Units at a price of $0.68 per Unit for total proceeds of $423,119.80. After taking into account the over-allotment option exercise, the Company issued 5,122,235 Units for total gross proceeds of $3,483,119.80. Each Unit consists of one common share of the Company and one Common Share purchase warrant , with each Warrant exercisable to purchase one additional Common Share at a price of $0.85 per Warrant Share until August 26, 2027. Pursuant to the agenc...