Canstar Resources Inc. closed the non-brokered private placement financing previously announced on December 27, 2023, for gross proceeds of $856,215. The company announced the appointment of Mr. William P. Upshur as chief financial officer of the company. William Upshur brings over 17 years of experience in business operations, finance, strategy, and data analytics, working in sectors including US national security, natural resources, and technology.

He previously led corporate affairs and investor relations strategy at a natural resources startup and built a boutique consulting practice in the mining sector. William holds a Masters degree in Economics from The School of Advanced International Studies at The Johns Hopkins University (SAIS), and post-graduate certificates in Corporate Finance and Accounting from Harvard. Concurrent with closing the offering, as previously announced, Jack Hurley has retired as CFO.