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Estrella Resources’ Director Increases Stake with New Performance Rights

Estrella Resources’ Director Increases Stake with New Performance Rights

Estrella Resources Limited (AU:ESR) has released an update.

Estrella Resources Limited announced a change in the director’s interest, with Les Pereira acquiring 20 million performance rights through Nannook Holdings Pty Ltd. These performance rights are tied to key milestones, such as the granting of a mining license and commencing mining operations in Timor, reflecting the company’s strategic growth plans. This move could potentially influence Estrella’s market performance, drawing attention from investors keen on the company’s future prospects.

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

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