East Star Resources (GB:EST) has released an update.
East Star Resources Plc, a copper exploration and resource development company operating in Kazakhstan, has announced the issuance of 75 million additional Ordinary Shares to the vendors of Discovery Ventures Kazakhstan Limited. This move comes after the company’s Verkhuba Copper Deposit surpassed the Mineral Resource Estimate performance threshold, with a reported 20.3Mt at significant copper, zinc, and lead grades. The share distribution follows a share purchase agreement as part of East Star’s strategy to advance its exploration program and develop strategic minerals for the energy revolution.
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