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Aurumin Limited Suspended as Brightstar Resources Acquisition Proceeds

Story Highlights
  • Aurumin Limited’s securities will be suspended as Brightstar Resources acquires all shares.
  • The acquisition marks a significant transition for Aurumin, impacting its market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aurumin Limited Suspended as Brightstar Resources Acquisition Proceeds

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The latest announcement is out from Aurumin Ltd. ( (AU:AUN) ).

Aurumin Limited’s securities will be suspended from quotation following a scheme of arrangement where Brightstar Resources Limited will acquire all issued shares of Aurumin. This move, approved by the Supreme Court of Western Australia, signifies a significant transition for Aurumin, impacting its market presence and stakeholders as it becomes part of Brightstar Resources.

More about Aurumin Ltd.

Average Trading Volume: 1,487,386

Technical Sentiment Signal: Buy

Current Market Cap: A$53.76M

For a thorough assessment of AUN stock, go to TipRanks’ Stock Analysis page.

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