ProStar Holdings Announces Closing of Final Tranche of Private Placement For Gross Proceeds of C$1.1M

GRAND JUNCTION, Colo., June 06, 2024 (GLOBE NEWSWIRE) — (OTCQB:MAPPF) (TSXV: MAPS) (FSE: 5D00) ProStar Holdings Inc. (the “Company” or “ProStar®“) a world leader in Precision Mapping Solutions®, is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of approximately C$1.1 million, through the sale of 6,944,466 units (the “Units”) at a price of C$0.16 per Unit (the “Offering Price”). Further to the Company’s news releases dated March 13, 2024, March 27, 2024 and May 14, 2024, the Company has raised gross proceeds of approximately C$2.5 million through the sale of 15,689,212 Units in the Offering.

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