Brightstar Resources Sees Major Shareholder Stake Increase

Brightstar Resources Limited (AU:BTR) has released an update.

Lion Selection Group Limited has increased its stake in Brightstar Resources Limited, with its voting power rising from 6.7% to 7.94% following the issue of new shares under placement. The change occurred on September 23, 2024, when Lion Selection Group Limited acquired an additional 133,333,334 ordinary shares for a consideration of $2,000,000.01. This transaction underscores a notable change in the interests of a substantial holder within the company.

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