Stardust Solar Clarifies Terms of Non-Brokered Private Placement of Secured Senior Convertible Debenture Units
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2026) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) ("Stardust Solar" or the "Company"), a leading provider of residential solar energy solutions, wishes to clarify that its non-brokered private placement previously announced on September 4, 2026 (the "Original Announcement"), will be for up to 641 senior secured convertible debenture units of the Company (each, a "Debenture Unit") for aggregate gross proceeds of up to $641,000, led by Plaza Capital (the "Lead Investor"), at a price of $1,000 (the "Funded Amount") per Debenture Unit (the "Offering"). Each Debenture Unit will consist of: (i) one senior secured convertible debenture of the Company having a principal value of $1,000 (each, a "Debenture"); and (ii) 13,333 common share purchase warrants (each, a "Warrant").