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.

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