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Star Navigation (OTC:SNAVF) Finalizes $475,000 Private Placement to Fuel Star-A.D.S. Development
On October 10, 2025, Star Navigation Systems Group Ltd. (CSE: SNA), a Brampton, Ontario-based aerospace technology firm, announced the successful closing of a non-brokered private placement, raising gross proceeds of $475,000. The company issued 47,500,000 units pricing at $0.01 per unit. This capital injection aims to bolster Star’s working capital and accelerate the development, sales, and marketing efforts for its flagship Star-A.D.S. system.
Each unit in the private placement comprises one common share of Star Navigation and one warrant, each warrant entitles the holder to purchase one additional common share at an exercise price of $0.05 per share, exercisable for a period of five years from the date of issuance. All securities issued in the offering, including shares issued upon warrant exercise, are subject to a standard four-month statutory hold period.
Star Navigation’s core offering, the STAR-A.D.S. system, is an in-flight safety monitoring system designed to provide real-time tracking, performance trending, and predictive analysis of potential incident occurrences. This technology aims to enhance aviation safety, improve fleet management efficiency, and reduce operational costs for airlines and other aviation operators. The company also operates a Military and Defence (MMI) division, focusing on the design and manufacturing of high-performance, mission-critical flight deck flat panel displays for both defense and commercial aviation sectors.
The private placement’s structure raises some important considerations for investors. The immediate issuance of a significant number of shares—47.5 million—introduces the potential for dilution of existing shareholders’ equity, a risk common with equity financing deals, especially for smaller cap firms. The warrants, while offering potential upside if Star Navigation’s stock price appreciates, also create a share overhang that could pressure the stock price until they are exercised or expire in five years. The relatively short four-month statutory hold period may introduce liquidity pressure as these shares could enter the market soon after.
However, this infusion is strategically important for Star Navigation. The $475,000 in proceeds will enable the company to focus on key operational needs, particularly in advancing the Star-A.D.S. system. It has the potential to attract increased adoption. The company’s ability to successfully market and scale the adoption of the Star-A.D.S. system will be paramount in translating this funding into long-term shareholder value. By focusing on strategic sales and marketing initiatives, Star Navigation aims to secure new contracts and demonstrate the tangible benefits of its technology solution.
Industry analysts note the significant potential in the aviation safety market with increasing regulatory requirements and heightened awareness of safety protocols. Star Navigation’s proprietary technology caters to these demands, and the new funds could enable the company to capitalize on favourable market conditions.
Investors should carefully weigh the potential dilutionary effects of the private placement against the expected benefits of accelerated Star-A.D.S. development and sales growth. This financial step highlights Star Navigation’s commitment to innovation and expansion and places the company in a better position to seize emerging opportunities in the aviation safety market.
Positive
Gross proceeds of $475,000 raised
Issued 47,500,000 units to support operations
Warrants exercisable at $0.05 for 5 years
Proceeds earmarked for working capital and Star-A.D.S. development
Negative
Immediate issuance of 47,500,000 shares creates potential dilution
Warrants add share overhang until 5-year expiry
Securities subject to only a 4-month statutory hold period
10/10/2025 – 10:36 AM
Brampton, Ontario–(Newsfile Corp. – October 10, 2025) – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (“Star” or the “Company”) is pleased to announce that it has closed it’s non-brokered private placement of 47,500,000 units in the capital of the Company (“Units”) at a purchase price of $0.01 per Unit for total gross proceeds of $475,000. Each Unit consists of one common share in the capital of the Company and one warrant. Each of the warrants acquired entitles the holder to purchase one (1) additional common share of the Company at five ($0.05) cents per warrant exercised. The warrants are exercisable during the five (5) year period from the date of issue.
All securities issued in the Offering and any shares issued upon exercise of warrants are subject to a four-month statutory hold period from the date of issuance. The net proceeds of the private placement will be used for working capital for further development of the operations, sales and marketing efforts surrounding the Star-A.D.S.® system.
About Star Navigation:
Star Navigation Systems Group Ltd. manufactures the In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S.® System. The STAR-A.D.S.® System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star’s MMI Division (Military and Defence) designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.
Forward Looking Information
Certain statements in this news release may constitute “forward-looking statements”. Forward-looking statements are statements that address or discuss activities, events or developments that Star expects or anticipates may occur in the future.
When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “projects”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking statements.
Forward-looking statements reflect the current expectations and beliefs of Star’s management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Star or the industry may be materially different from those implied by such forward-looking statements.
Examples of such forward-looking information that may be contained in this news release include statements regarding; growth and future prospects of our business; our perceptions of the industry and markets in which we operate and anticipated trends in such markets; expectations regarding the operation of our app; and our future revenues.
Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking statements may include, but are not limited to, our ability to execute on our business plan, increase visibility amongst consumers and convert users to revenue producing subscribers and the success of the business of our partners.
Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.
Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Accordingly, readers should exercise caution in relying upon forward-looking statements and Star undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.
NEITHER CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269982
What did Star Navigation (SNAVF) announce on October 10, 2025?
Star Navigation closed a non-brokered private placement issuing 47,500,000 units at $0.01 for gross proceeds of $475,000.
What does each unit include in the Star Navigation (SNAVF) private placement?
Each unit includes one common share and one warrant, with each warrant exercisable for one share at $0.05 for 5 years.
How will Star Navigation (SNAVF) use the proceeds from the private placement?
Net proceeds will be used for working capital and to further develop, sell, and market the Star-A.D.S. system.
Are the shares and warrants issued in the SNAVF offering restricted?
Yes. All securities issued and any shares from warrant exercises are subject to a 4-month statutory hold period from issuance.
How could the SNAVF private placement affect existing shareholders?
The issuance of 47.5 million units and outstanding warrants creates potential dilution and share overhang until warrants are exercised or expire.
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