Australia's Brightstar Resources jumps on securing $11.5 mln loan facility

Brightstar Resources

06/05/2025 01:47

** Brightstar Resources BTR.AX jumps 11.7% to A$0.575, highest since April 22

** Gold explorer executes $11.5 million working capital finance facility with private firm Ocean Partners Australia

** Funds will be used to ramp up production at its projects in Laverton, Australia

** Stock marks biggest intraday pct gain since April 8

** BTR gains 9.5% YTD

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))