Aurumin Sends Scheme Booklet as Shareholders Prepare to Vote on Brightstar Deal

Context of the Acquisition

Aurumin Limited (ASX – AUN), a gold exploration and development company, has taken a significant procedural step in its proposed acquisition by Brightstar Resources Limited (ASX – BTR). On 15 October 2025, Aurumin announced the dispatch of the Scheme Booklet to its securityholders, a key document that outlines the terms and implications of the acquisition through share and option schemes of arrangement.

Details of the Scheme Booklet Dispatch

The Scheme Booklet, which includes an Independent Expert’s Report and explanatory statements, has been sent to Aurumin securityholders in various formats depending on their communication preferences. Physical copies, proxy forms, and opt-in notices have been distributed to those who requested postal communications, while others have received electronic versions via email or instructions on how to access the documents online.

This comprehensive dispatch ensures that all shareholders have the necessary information to make an informed decision regarding the proposed acquisition. The booklet is also publicly accessible on Aurumin’s website, reinforcing transparency in the process.

Upcoming Shareholder Meetings

Two critical meetings are scheduled for 14 November 2025 in West Perth, Western Australia – the Share Scheme Meeting at 2 – 00 pm AWST, followed by the Option Scheme Meeting. These meetings will determine whether the acquisition proceeds, as shareholder approval is a mandatory step under the Supreme Court of Western Australia’s orders.

Securityholders are encouraged to participate either in person or by proxy, with clear instructions provided on how to lodge votes. The outcome of these meetings will have material implications for both companies and their shareholders.

Implications and Next Steps

The dispatch of the Scheme Booklet marks a pivotal moment in the acquisition process, signaling that regulatory and court approvals are advancing as planned. However, the final decision rests with Aurumin’s securityholders, who must weigh the expert assessments and terms presented.

Should the schemes be approved, Brightstar Resources will acquire 100% of Aurumin’s shares and options, potentially reshaping the strategic landscape for both entities in the gold exploration sector. Market participants will be watching closely for the vote results and any subsequent regulatory developments.