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Estrella Resources Secures $8M Underwriting Deal to Boost Capital

10:22am on Tuesday 31st of March, 2026 AEDT Mining
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Estrella Resources Secures $8M Underwriting Deal to Boost Capital

10:22am on Tuesday 31st of March, 2026 AEDT
Key Points
  • Underwriting agreement covers 445 million listed options exercisable at $0.018
  • Total underwriting amount of $8.01 million to be paid in two tranches
  • Underwriter Million Link receives 8% fee plus 80 million unlisted options
  • Shortfall shares issued to underwriter exempt from shareholder approval
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