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The latest announcement is out from Brightstar Resources Limited ( (AU:BTR) ).
Brightstar Resources Limited has announced a proposed issue of up to 10 million new fully paid ordinary shares under a securities purchase plan (SPP) for existing shareholders. The SPP, which has a record date of 30 January 2026, will close on 27 February 2026 with new shares expected to be issued on 6 March 2026, indicating the company is seeking to raise additional equity capital that may support its ongoing activities and balance sheet while offering current investors an opportunity to increase their holdings without brokerage costs.
The most recent analyst rating on (AU:BTR) stock is a Hold with a A$0.63 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.
More about Brightstar Resources Limited
Average Trading Volume: 5,659,536
Technical Sentiment Signal: Buy
Current Market Cap: A$448.4M
See more insights into BTR stock on TipRanks’ Stock Analysis page.