Brightstar Resources Limited (AU:BTR) has released an update.
Brightstar Resources Limited has announced a notable increase in their substantial holding in the company, with their voting power rising from 18.16% to 19.91% following the issuance of 110,218,875 new shares to St Barbara Limited. This change comes as part of the company’s control over share disposal linked to escrow arrangements outlined in previous notices. The new shares are similarly bound by the restriction deeds, reinforcing Brightstar’s significant influence in the company.
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