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East Star Resources ( (GB:EST) ) has issued an announcement.
East Star Resources has received warrant exercise notices for 25,590,545 new ordinary shares at £0.03 per share, raising gross proceeds of approximately £767,716. The new shares are expected to be admitted to the standard segment of the Official List and to trading on the London Stock Exchange’s main market around 6 January 2026, increasing the company’s issued share capital to 475,175,080 ordinary shares and providing additional funding as it advances its copper and gold exploration and development projects in Kazakhstan, including its joint ventures and drill-ready targets.
More about East Star Resources
East Star Resources Plc is a Kazakhstan-focused mineral exploration company targeting the discovery and development of copper and gold deposits. Its portfolio includes a joint venture with Hong Kong Xinhai Mining Services to bring the Verkhuba copper-zinc-lead deposit into production with East Star retaining a 30% interest, a second volcanogenic massive sulphide (VMS) exploration target in the same region, a strategic gold exploration joint venture of over $25 million with Endeavour Mining, and tier-one scale copper porphyry and epithermal gold targets along a proven mineral belt.
Average Trading Volume: 4,081,244
Technical Sentiment Signal: Buy
Current Market Cap: £16.41M
For detailed information about EST stock, go to TipRanks’ Stock Analysis page.