Brightstar Resources Limited (AU:BTR) has released an update.
Brightstar Resources Limited has announced an increase in its substantial holding in Linden Gold Alliance Limited, with its voting power reaching 94.61% following recent acceptances under its takeover offer. The company’s offer for Linden’s shares and options will close on May 30, 2024, subject to certain conditions. This move comes as part of Brightstar’s strategic growth in the gold exploration and development sector, backed by its significant gold resources and infrastructure in Western Australia’s Eastern Goldfields.
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