Estrella Resources Limited (AU:ESR) has released an update.
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Estrella Resources Limited acknowledges the impact of newly granted exploration licenses and recent assay results on its stock value and attributes the positive market sentiment to U.S. grants and its manganese prospects in Timor-Leste. The company confirmed awareness of these potentially market-moving events just before their public announcements, and maintained confidentiality throughout the process. Estrella Resources followed ASX Listing Rules and requested a trading halt to prepare their market announcements, ensuring timely and appropriate disclosure.
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