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Brightstar Raises $180M to Accelerate Goldfields and Sandstone Growth
9:22am on Monday 2nd of February, 2026 AEDT
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Mining
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Brightstar Raises $180M to Accelerate Goldfields and Sandstone Growth
9:22am on Monday 2nd of February, 2026 AEDT
Key Points
A$175 million two-tranche institutional placement at A$0.50 per share
Additional A$5 million raised via a share purchase plan for existing shareholders
Updated Goldfields DFS 2.0 forecasts 75,000oz annual production over six years
Pre-tax NPV8 of A$606 million at A$6,000/oz gold price with strong cash flow
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