Proposed issue of securities - ESR
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Proposed issue of securities - ESR
Announcement Summary: Estrella Resources Limited is proposing to issue 500,000,000 unlisted options exercisable at $0.05, expiring 5 years from the date of issue. This is subject to security holder approval, with the proposed issue date set for 21/7/2025. The options are being issued to align the interests of the Limestone Agreement Partner PT Raka Energi Mandiri with Estrella Resources for marketing and selling limestone. Each option, if exercised, will convert to 1 fully paid ESR ordinary share at $0.05 before the expiry date in 2030. For more details, please refer to the full announcement on our website.
We invite current and prospective investors to ask any questions they may have regarding this proposed issue. Your understanding and participation are valuable to us as we continue to drive our projects forward. Feel free to reach out for further information. Thank you for your continued support.
AI-Generated Summary: This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.
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