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An announcement from Aurumin Ltd. ( (AU:AUN) ) is now available.
Aurumin Limited has announced that its schemes of arrangement with Brightstar Resources Limited have become legally effective. Under these schemes, Brightstar will acquire all shares of Aurumin, and Aurumin options will be exchanged for new Brightstar options. This development will result in Aurumin shares being suspended from trading and eventually removed from the ASX. Shareholders and option holders will receive Brightstar shares and options at a specified exchange ratio. The implementation of these schemes is expected to impact Aurumin’s market presence and provide strategic benefits to Brightstar.
More about Aurumin Ltd.
Aurumin Limited is a company listed on the Australian Securities Exchange (ASX) under the ticker AUN. The company operates within the resources sector, focusing on exploration and development of mineral projects.
Average Trading Volume: 1,474,610
Technical Sentiment Signal: Buy
Current Market Cap: A$53.76M
See more data about AUN stock on TipRanks’ Stock Analysis page.