Aurumin Ltd. Announces Strategic Acquisition by Brightstar Resources and Asset Divestment
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Aurumin Ltd. has entered a Scheme Implementation Deed with Brightstar Resources for a complete acquisition of Aurumin’s issued capital. This strategic acquisition aims to enhance the development of the Sandstone Gold district and improve infrastructure and exploration synergies. Aurumin also raised $6 million from the sale of non-core assets to fund further drilling. The consolidation is expected to create significant shareholder value and strengthen Aurumin’s market position in gold exploration and development.
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