BUZZ-Australia's Brightstar Resources jumps on securing $11.5 mln loan facility

Reuters

2025/05/06

BUZZ-Australia's <a href="https://laohu8.com/S/BTR.AU">Brightstar Resources</a> jumps on securing $11.5 mln loan facility

** Brightstar Resources BTR.AX jumps 11.7% to A$0.575, highest since April 22

** Gold explorer executes $11.5 million working capital finance facility with private firm Ocean Partners Australia

** Funds will be used to ramp up production at its projects in Laverton, Australia

** Stock marks biggest intraday pct gain since April 8

** BTR gains 9.5% YTD

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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