Estrella receives $5m as Strategic Investor exercises option

Estrella Resources (ASX: ESR) is excited to announce a strategic investor exercising a $5 million option, contributing to the Company at a 20% discount. This investment will further propel our manganese and Limestone exploration, resource drilling, and mine development studies. Shareholder approval is sought for this positive development, showcasing faith in our endeavours. Estrella is committed to enhancing its presence in Timor-Leste, with ongoing drilling campaigns and a promising partnership in the pipeline. Our strong financial backing reflects the confidence of both institutional shareholders and local communities. We welcome inquiries from investors regarding this significant advancement and look forward to updating you on our progress in due course.