Brief: St Barbara Says Support Brightstar Offer For Linden Gold Alliance

St Barbara

25/03/2024 03:33

March 25 (Reuters) - St Barbara Ltd  SBM.AX :
    * SUPPORTS BRIGHTSTAR OFFER FOR LINDEN GOLD ALLIANCE
    * ENTERED BINDING PRE-BID ACCEPTANCE AGREEMENT FOR ITS
EXISTING
HOLDING OF 30 MILLION LINDEN SHARES
    * HIGHLY SUPPORTIVE OF BRIGHTSTAR RESOURCES' OFF-MARKET
SCRIP
TAKEOVER OFFER FOR LINDEN GOLD ALLIANCE
    * COMMITTED A$2 MILLION TO BRIGHTSTAR'S A$12.0 MILLION
PLACEMENT
    * POST OFFER AND PLACEMENT, ST BARBARA'S EQUITY INTEREST IN
BRIGHTSTAR WOULD BE ABOUT 13% OF SHARES ON ISSUE

Further company coverage:  SBM.AX   BTR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))