Brightstar Resources Limited (AU:BTR) has released an update.
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Brightstar Resources Limited has announced the issuance of 80 million fully paid ordinary shares as non-cash compensation for mining and related services provided by its creditors. The company has chosen to settle with shares instead of a formal agreement, strengthening ties with supportive industry partners. This issuance of securities is expected to be quoted on the ASX under the code BTR.
For further insights into AU:BTR stock, check out TipRanks’ Stock Analysis page.