05:14 PM EST, 11/18/2025 (MT Newswires) -- South Star Battery Metals ( STSBF ) recently completed a series of private placements that have increased its total number of shares, reducing the ownership of FVF Participacoes, acting on behalf of the Annapurna Investment Fund, to below 10%, FVF said Tuesday afternoon.

FVF said it now controls 4.26-million shares, or about 5.09% of South Star's outstanding shares, along with 3.62-million warrants. If all warrants were exercised, FVF would hold 7.89-million shares, representing a 9.03% stake in the company, according to the statement.