Brief: Brightstar Resources Makes Recommended Takeover Offer For Linden Gold

Brightstar Resources

24/03/2024 23:17

March 25 (Reuters) - Brightstar Resources Ltd  BTR.AX :
    * MAKES RECOMMENDED TAKEOVER OFFER FOR LINDEN GOLD
    * UNDER OFFER, LINDEN SECURITYHOLDERS TO RECEIVE 6.9
BRIGHTSTAR
SHARES FOR EVERY 1 LINDEN SHARE HELD
    * OFFER IMPLIES UNDILUTED EQUITY VALUE FOR LINDEN OF ABOUT
A$23.7
MILLION
    * TO RAISE UP TO A$12.0 MILLION AT A$0.014 PER SHARE VIA
TWO-TRANCHE PLACEMENT


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