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Genesis backs Brightstar’s faster Sandstone push with A$30m investment
9:45am on Tuesday 27th of October, 2026 AEDT
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Mining
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Genesis backs Brightstar’s faster Sandstone push with A$30m investment
9:45am on Tuesday 27th of October, 2026 AEDT
Key Points
A$82 million single-tranche placement at A$0.50 per share
Genesis Minerals to hold approximately 5.4% of Brightstar after investing A$30 million
Funding targets Two Mile Hill drilling, an underground exploration decline and Sandstone infrastructure
Two Mile Hill-Shillington resource has doubled to 1.45Moz at 1.8g/t gold
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