middle.news

Brightstar and Aurumin Eye Merger to Forge 2.4Moz Sandstone Gold Giant

9:55am on Monday 30th of June, 2025 AEST Mining
Read Story

Brightstar and Aurumin Eye Merger to Forge 2.4Moz Sandstone Gold Giant

9:55am on Monday 30th of June, 2025 AEST
Key Points
  • Brightstar proposes to acquire Aurumin via a scheme of arrangement
  • Offer values Aurumin shares at a 17-26% premium based on recent trading
  • Combined Sandstone Gold Project to hold ~2.4 million ounces of gold resources
  • Merger aims to de-risk and accelerate gold project development in Western Australia
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about AUN
OPEN ARTICLE