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
The Conversation (0)
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...
Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?

Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?

Dr. Mark Thornton, senior fellow at the Mises Institute, shares his outlook for gold and silver, laying out the factors that have been weighing on prices and commenting on what may kick off their next leg higher — in his view, the return of speculators could provide a boost. "Speculators we... Keep Reading...
Two people in suits shake hands, agreeing to a deal.

SSR Mining Expands Nevada Footprint With Roxmore Purchase

SSR Mining (TSX:SSRM,NASDAQ:SSRM) will acquire Roxmore Resources (TSX:RM) in an all-cash transaction that expands its flagship Nevada footprint and solidifies its standing as the third-largest gold producer in the US.The deal centers on Roxmore’s Converse gold project, located just six... Keep Reading...
A stack of gold and black credit cards with a visible chip sit on a dark textured surface.

OneGold Launches Card to Spend Gold, Silver Anywhere

Vaulted precious metals platform OneGold announced the launch of a new Mastercard (NYSE:MA) that instantly liquidates users' gold and silver holdings at spot prices to fund everyday retail purchases and ATM cash withdrawals.The OneGold Card card was introduced alongside a full rebuild of the... Keep Reading...
iMetal Resources Advances Phase 4 Drill Targeting at Gowganda West Gold Project as Shining Tree Camp Activity Accelerates

iMetal Resources Advances Phase 4 Drill Targeting at Gowganda West Gold Project as Shining Tree Camp Activity Accelerates

iMetal Resources Inc. (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") is pleased to provide an update on its flagship Gowganda West gold project ("Gowganda West" or the "Project"), located in the Shining Tree Camp of Ontario's southern Abitibi Greenstone Belt. Under the... Keep Reading...
Horizon Gold

Excellent RC drilling intercepts returned across Snook, Cobia, and Alma May, including 44m @ 5.08g/t Au at Snook

Horizon Gold Limited (ASX: HRN) (‘Horizon’ or ‘the Company’) is pleased to announce some spectacular gold intercepts returned from RC drilling at its 100% owned Gum Creek Gold Project (‘Gum Creek’ or ‘the Project’) located in the Mid-West Region of Western Australia. Final assay results for... Keep Reading...

Interactive Chart

Latest Press Releases

Related News