Dark Star Minerals Appoints New CEO and Moves to Semi-Annual Reporting
News related to:Dark Star Minerals Inc · 2 min read
VANCOUVER, BRITISH COLUMBIA, NOVEMBER 13, 2026, TheNewswire - Dark Star Minerals Inc. (CSE: BATT; WKN: A429LR | FSE: P0W0) has appointed Rod Campbell as President, Chief Executive Officer, and a director, effective immediately. Campbell replaces Marc Branson, who will continue to serve as a director.
Campbell brings extensive experience in the financial services and energy sectors. Prior to his new role, he served as a Financial Advisor at BMO Nesbitt Burns and held various positions in the oil and gas industry, including procurement and business development roles at leading companies such as Encana, Apache Corporation, and Canadian Hunter Exploration.
Dark Star also announced a non-brokered private placement (the "Offering") of up to 15,000,000 units (the "Units") at a price of $0.05 per Unit. The Offering includes the settlement of $506,358.42 CAD of outstanding debt through the issuance of Units to certain creditors. This debt includes $304,120.00 CAD of interest-free loans that were used to advance the Company’s uranium project portfolio.
Each Unit will consist of one common share in the capital of the Company and one Share purchase warrant. Each warrant will be exercisable to purchase one additional share at an exercise price of $0.10 per share for a period of 36 months after the date of issuance, subject to acceleration, Shareholder Approval, and a restriction on exercise.
The Offering could result in the issuance of up to 30,000,000 shares, assuming the exercise of all warrants, which represents more than 100% of the Company’s 17,036,814 currently issued and outstanding shares. Accordingly, the exercise of the warrants is subject to the approval of the Company’s shareholders at its next meeting, which is necessary for the warrants to be exercisable.
Dark Star Minerals Inc. is a mineral exploration company focused on the strategic acquisition and advancement of uranium and critical mineral resources. The Company holds an option to acquire a 100% interest in the Lamont Lake Project in the Athabasca Basin of Saskatchewan, a 100% interest in the Ghost Lake claims located in the prolific CMB of Newfoundland and Labrador, and owns the Bleasdell Project spanning over 515 ha in Northern Saskatchewan, Canada.
The Company has elected to rely on Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the “Blanket Order”) and move to semi-annual financial reporting. This decision is based on the Company’s eligibility criteria, which include being a venture issuer with securities listed on the CSE, having been a reporting issuer in a jurisdiction of Canada for at least 12 months, and having not been subject to a penalty, sanction, or cease trade order in the preceding 12 months.
Under the Blanket Order, the Company will be exempt from filing interim financial reports and related management’s discussion and analysis for its first and third quarters. The initial interim period for which the Company will not file an interim financial report and related MD&A in reliance on the Blanket Order will be the three and nine-month period ended September 30, 2026. The Company will also not file an interim financial report and related MD&A for the three-month period ending March 31, 2027, or for the corresponding interim periods in subsequent years while it continues to rely on the Blanket Order.