Aurumin Says Acquisition by Brightstar Resources Becomes Effective; Shares Fall 5%

MT Newswires Live

2025/11/21

Aurumin (ASX:AUN) said it has lodged with the Australian Securities and Investments Commission a copy of the Western Australia Supreme Court's orders approving its acquisition by Brightstar Resources (ASX:BTR), making the scheme of arrangement legally effective, according to a Friday filing with the Australian bourse.

The company expects its shares to be suspended from trading on the Australian Stock Exchange on Friday, the filing said.

The share scheme consideration is set to be issued to security holders on Dec. 2, the filing added.

Shares of Aurumin fell 5% while shares of Brightstar Resources fell past 5% in recent Friday trade.

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