Proposed issue of securities - ESR
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Proposed issue of securities - ESR
Attention Investors,
Estrella Resources Limited has announced a proposed issue of securities to raise capital for further exploration in Timor-Leste and working capital requirements. The maximum number of securities to be issued is 136,761,488, with an issue date of 15/8/2025. The offer price per security is AUD 0.03656, with the securities set to rank equally with existing issued securities in that class. Shareholder approval is required under ASX Listing Rule 7.1, with the proposed issue falling under an existing class. The company anticipates no changes to its dividend/distribution policy as a result of this issue.
Investors are encouraged to reach out with any questions or clarifications regarding this announcement. Your continued support is valued as we strive for further growth and development in our exploration projects.
Thank you for your ongoing trust and interest in Estrella Resources Limited.
Warm regards,
Management Team
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