Shooting Star Acquisition Corp. announced a private placement of up to 3,000,000 units at a price of CAD 0.20 per unit for aggregate gross proceeds of not less than CAD 300,000 and not more than CAD 600,000 on November 10, 2022. Each unit will be composed of one common share and one half of one common share purchase warrant.

Each warrant to be exercisable into one common share at a price of CAD 0.30 until the date that is three years from closing of the transaction. Finder's fees or commissions may be paid to qualified finders or brokers, respectively, in accordance with the transaction.