お知らせ • Nov 21
Brightstar Resources Limited (ASX:BTR) completed the acquisition of Aurumin Limited (ASX:AUN) from Patronus Invest Pty Ltd, Heelmo Holdings Pty Ltd, Daniel Raihani, Piers Lewis, John Ingram and other shareholders.
Brightstar Resources Limited (ASX:BTR) signed non-binding indicative terms for a scheme of arrangement to acquire Aurumin Limited (ASX:AUN) for AUD 52.6 million on June 30, 2025. The consideration consists of common equity of Brightstar Resources Limited at a ratio of 0.217391 per common equity of Aurumin Limited. Under the terms, Brightstar would acquire Aurumin for scrip consideration. As part of transaction, Aurumin shareholders would receive 1 new Brightstar share for every 4.6 Aurumin shares held (Indicative Ratio) under the Proposed Transaction. As of July 21, 2025, Brightstar Resources Limited agreed to acquire 100% of the shares of Aurumin from Patronus Invest Pty Ltd, Heelmo Holdings Pty Ltd, Daniel Raihani, Piers Lewis, John Ingram and other shareholders for AUD 66.7 million. All Aurumin options will be cancelled in exchange for new Brightstar options. Under the new terms, in the case of the Share Scheme, 1 New BTR Share for every 4 AUN Shares held; and in the case of the Option Scheme, 1 New BTR Option for every 4 AUN Options held, which will be equitably adjusted in the event of any consolidation or division of the share capital of either BTR or AUN prior to the Implementation Date.
Shareholders should be aware that there is no certainty that the discussions and agreed proposal will result in any transaction, and that any proposed transaction will be subject to completion of satisfactory mutual due diligence, execution of a scheme implementation deed and other customary conditions. Brightstar and Aurumin shareholders do not need to take any action at this time in relation to this announcement. The Boards of Brightstar and Aurumin will continue to keep shareholders and the market informed of material developments. The Aurumin Board representing ~16% of the Aurumin shares on issue unanimously recommends the Share Scheme, and the Aurumin Directors intend to vote all Aurumin shares in which they have a relevant interest in favour of the Share Scheme. As of 28 July 2025, The parties are pleased to announce that the following key security holders representing a total of approximately 22.01% of Aurumin shares, and 48.67% of Aurumin options, have each separately confirmed to Aurumin that they intend to vote such of those shares and options that they hold at the time of the Share Scheme and Option Scheme meetings in favour of the Share Scheme and Option Scheme respectively, in the absence of a superior proposal and subject to an independent expert concluding that the Share Scheme or Option Scheme is in the best interests of Aurumin shareholders or option holders. As of November 19, 2025, the Supreme Court of Western Australia approved the schemes of arrangement. As of November 20, 2025, Aurumin shareholders approved the transaction.
Hamilton Locke Pty Ltd acted as legal advisor and Longreach Pty Ltd acted as financial advisor to Brightstar Resources Limited.
Brightstar Resources Limited (ASX:BTR) completed the acquisition of Aurumin Limited (ASX:AUN) from Patronus Invest Pty Ltd, Heelmo Holdings Pty Ltd, Daniel Raihani, Piers Lewis, John Ingram and other shareholders on November 21, 2025. Aurumin Limited acquired 100% of the shares of Aurumin (Share Scheme) and all Aurumin options will be cancelled in exchange for new Brightstar options. On completion, the Schemes will be implemented, the Scheme Consideration will be issued, on 2 December 2025, and Aurumin will be removed from the official list of ASX with effect from the close of business on 3 December 2025.