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...
Diggers and Dealers Presentation

Diggers and Dealers Presentation

Brightstar Resources (BTR:AU) has announced Diggers and Dealers PresentationDownload the PDF here. Keep Reading...
Goldfields Project July Construction Update

Goldfields Project July Construction Update

Brightstar Resources (BTR:AU) has announced Goldfields Project July Construction UpdateDownload the PDF here. Keep Reading...
Spectacular 305m @ 1.8g/t Au in Sandstone extension drilling

Spectacular 305m @ 1.8g/t Au in Sandstone extension drilling

Brightstar Resources (BTR:AU) has announced Spectacular 305m @ 1.8g/t Au in Sandstone extension drillingDownload the PDF here. Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Brightstar Resources (BTR:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
Building Mines and Growing Resources Presentation

Building Mines and Growing Resources Presentation

Brightstar Resources (BTR:AU) has announced Building Mines and Growing Resources PresentationDownload the PDF here. Keep Reading...
Karim Rayani Files Early Warning Report Regarding Skull Ridge Gold Corp.

Karim Rayani Files Early Warning Report Regarding Skull Ridge Gold Corp.

Karim Rayani announces that an early warning report has been filed in connection with the acquisition by R7 Investments Ltd. (“R7”), a corporation controlled by Mr. Rayani, on July 16th, 2026, of 1,000,000 units of Skull Ridge Gold Corp. (the “Company”) pursuant to the Company’s recently... Keep Reading...
Joe Cavatoni, gold bars.

Joe Cavatoni: Can Gold Rise in H2? 3 Key Factors I'm Watching

Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, shares key takeaways from the organization's latest quarterly Gold Demand Trends report. He highlights the yellow metal's resilience at the US$4,000 per ounce level in the face of various price headwinds. Cavatoni also... Keep Reading...
Two people in suits shake hands, agreeing to a deal.

Barrick, Newmont Settle Nevada Dispute in US$1.95 Billion Deal

Gold giants Barrick Mining (TSX:ABX,NYSE:B) and Newmont (NYSE:NEM,ASX:NEM) agreed to a US$1.95 billion truce on Monday (August 10), resolving a months-long dispute between the top gold miners that threatened to derail Barrick's planned North American spin-off.Under the settlement, Newmont... Keep Reading...
Gold bars resting on a Federal Reserve document with emblem and partial visible text.

Fed’s Hawkish Hold Splits Metals: Gold Gains, Silver Falls

The US Federal Reserve’s decision to hold interest rates steady while signaling a clear bias toward future hikes has propelled gold to new highs while exposing silver’s macroeconomic vulnerabilities.Following the Federal Open Market Committee (FMOC) meeting on July 29, the central bank... Keep Reading...
Pinnacle Silver and Gold (TSXV:PINN)

Pinnacle Closes First Tranche of Private Placement

Pinnacle Silver and Gold Corp. (" Pinnacle " or the “ Company ") is pleased to announce that it has closed a first tranche of the non-brokered private placement announced on July 13, 2026 (the “Offering”) for gross proceeds of $652,080. The first tranche consisted of 5,928,000 units (the... 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