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St. Barbara Ltd Boosts Stake in Brightstar

St. Barbara Ltd Boosts Stake in Brightstar

St. Barbara Ltd. (AU:SBM) has released an update.

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St. Barbara Limited has increased its stake in Brightstar Resources Limited, with its voting power in BTR rising from 10.11% to 12.12% after a recent share placement. This increase is due to the acquisition of 110,218,875 new ordinary shares, which are under escrow for 12 months. The change in interest for St. Barbara Limited follows the settlement of debt through a share issue announced to the ASX on July 10, 2024.

For further insights into AU:SBM stock, check out TipRanks’ Stock Analysis page.

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