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Aurumin Agrees to Brightstar Takeover, Raises $6M, Advances Sandstone Drilling
1:32pm on Friday 31st of October, 2025 AEDT
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Mining
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Aurumin Agrees to Brightstar Takeover, Raises $6M, Advances Sandstone Drilling
1:32pm on Friday 31st of October, 2025 AEDT
Key Points
Aurumin to be acquired 100% by Brightstar via share and option schemes
Non-core assets divested for $6 million to fund Sandstone drilling
Multi-rig drilling campaign underway to upgrade resource confidence
Board unanimously recommends the scheme, pending shareholder approval
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