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The latest announcement is out from Brightstar Resources Limited ( (AU:BTR) ).
Brightstar Resources Limited, a company listed on the ASX, has successfully implemented schemes of arrangement to acquire 100% of Aurumin Limited’s shares, resulting in the cancellation of Aurumin options in exchange for new Brightstar options. This strategic move leads to a complete transfer of shares and options to Brightstar, with significant changes in Aurumin’s board and management. The acquisition is set to impact Aurumin’s market presence as it will be removed from the ASX official list, and its annual general meeting for the financial year ended June 2025 will not be held.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.27 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: 3,792,983
Technical Sentiment Signal: Sell
Current Market Cap: A$281M
For detailed information about BTR stock, go to TipRanks’ Stock Analysis page.