Brightstar secures court and shareholder approval for Aurumin acquisition

Brightstar Resources has secured approval from the Supreme Court of Western Australia (WA) and the shareholders of Aurumin to acquire all fully paid ordinary shares and options in the gold exploration company. The transaction, executed via a court-sanctioned share and option scheme of arrangement under Part 5.1 of the Corporations Act 2001, will result in Aurumin shareholders receiving new Brightstar options as all Aurumin options are cancelled. With the court's approval in place, Aurumin plans to lodge ...