Brightstar Resources

Notice of Status of Defeating Conditions

Brightstar Resources Limited (ASX:BTR) (Company or Brightstar) refers to the bidder’s statement dated 29 April 2024 (as supplemented by Brightstar’s first supplementary bidder’s statement dated 10 May 2024) (Bidder’s Statement) and offers in relation to its off-market takeover for all the fully paid ordinary shares and options in Linden Gold Alliance Limited (Linden).


Capitalised terms not defined in this announcement have the meaning given to the same term in the Bidder’s Statement.

In accordance with section 630(3) of the Corporations Act, annexed to this announcement is a copy of each of the following:

(a) Brightstar’s notice of status of the defeating conditions of the Share Offer set out in section 7 of Annexure B of the Bidder’s Statement; and

(b) Brightstar’s notice of status of the defeating conditions of the Option Offer set out in section 7 of Annexure C of the Bidder’s Statement,

(together, the Notices). This Notices have been:

(a) sent to Linden in accordance with section 630(5)(a) of the Corporations Act; and

(b) lodged with the Australian Securities and Investments Commission in accordance with section 630(5)(c) of the Corporations Act.

Accordingly, the Offers are now wholly unconditional and will close at 5.00pm (Perth time) on 30 May 2024, unless otherwise extended.

This ASX announcement has been approved by the Managing Director on behalf of the board of Brightstar.


Click here for the full ASX Release

This article includes content from Brightstar Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

BTR:AU
Brightstar Resources

Brightstar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Brightstar Resources

Brightstar Resources

Emerging gold producer and district-scale resource developer in Western Australia

Emerging gold producer and district-scale resource developer in Western Australia Keep Reading...
Brightstar Secures US$120M Bond to Fund Goldfields Project

Brightstar Secures US$120M Bond to Fund Goldfields Project

Brightstar Resources (BTR:AU) has announced Brightstar Secures US$120M Bond to Fund Goldfields ProjectDownload the PDF here. Keep Reading...
Results of Oversubscribed Share Purchase Plan

Results of Oversubscribed Share Purchase Plan

Brightstar Resources (BTR:AU) has announced Results of Oversubscribed Share Purchase PlanDownload the PDF here. Keep Reading...
High-grade Assays incl 4m @ 26.7g/t Au in Sandstone Drilling

High-grade Assays incl 4m @ 26.7g/t Au in Sandstone Drilling

Brightstar Resources (BTR:AU) has announced High-grade assays incl 4m @ 26.7g/t Au in Sandstone drillingDownload the PDF here. Keep Reading...
GNG: Preferred Contractor - Laverton Processing Plant

GNG: Preferred Contractor - Laverton Processing Plant

Brightstar Resources (BTR:AU) has announced GNG: Preferred Contractor - Laverton Processing PlantDownload the PDF here. Keep Reading...
High grade assays continue from Sandstone RC drilling

High grade assays continue from Sandstone RC drilling

Brightstar Resources (BTR:AU) has announced High grade assays continue from Sandstone RC drillingDownload the PDF here. Keep Reading...
Rick Rule, mine site.

Rick Rule: Gold Price During War, Silver Strategy, Oil Stock Game Plan

Rick Rule, proprietor at Rule Investment Media, shares updates on his current strategy in the resource space, mentioning gold, silver, oil and agriculture. He also reminds investors to pay more attention to gold's underlying drivers than to current events.Click here to register for the Rule... Keep Reading...
Lobo Tiggre, gold bars.

Lobo Tiggre: Gold, Oil in Times of War, Plus My Shopping List Now

Lobo Tiggre of IndependentSpeculator.com shares his thoughts on how gold, silver and oil could be impacted by the developing situation in the Middle East. He cautioned investors not to chase these commodities if prices run. Don't forget to follow us @INN_Resource for real-time updates!Securities... Keep Reading...
Aurum Hits High-Grade Gold at Napie, Cote d'Ivoire

Aurum Hits High-Grade Gold at Napie, Cote d'Ivoire

Aurum Resources (AUE:AU) has announced Aurum Hits High-Grade Gold at Napie, Cote d'IvoireDownload the PDF here. Keep Reading...
Stacks of coins with rising graph bars and upward trend line.

Precious Metals Price Update: Gold, Silver, PGMs Fall on Escalating US-Iran War

Precious metals prices are down on potential for economic fallout from escalating US-Iran War.Volatility has returned to the precious metals market this past week. All eyes are on the breakout of a full-scale war across the Middle East prompted by a coordinated assault on Iran by the United... Keep Reading...
Two people shaking hands over a desk with papers and a tablet.

SSR Mining to Sell Çöpler Gold Mine Stake in US$1.5 Billion Deal

SSR Mining (NASDAQ:SSRM,TSX:SSRM,OTCPL:SSRGF) has agreed to sell its majority stake in the Çöpler gold mine in Turkey for US$1.5 billion in cash, shifting the company’s portfolio towards the Americas as the yellow metal continues to surge amid rising geopolitical tensions.The Denver-based miner... Keep Reading...
Blackrock Silver Announces the Appointment of Bernard Poznanski and Susan Mathieu to the Board of Directors

Blackrock Silver Announces the Appointment of Bernard Poznanski and Susan Mathieu to the Board of Directors

Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce the appointment of Bernard Poznanski and Susan Mathieu as independent directors to the Board of Directors of the Company (the "Board of Directors").In conjunction with... Keep Reading...
Brightstar Resources

Brightstar Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News