We've issued 10,810,251 new fully paid ordinary shares, and we want to explain what this notice is and isn't.

This is a standard notice under section 708A of the Corporations Act. It confirms that these shares were issued without a prospectus, which is a normal mechanism for companies to raise or issue capital efficiently. Alongside this, we're confirming to the market that we've kept up with our ongoing disclosure obligations, and that there's no information being held back that shareholders or their advisers would need to properly assess Estrella's financial position, performance or prospects, or the rights attached to these new shares.

In plain terms, this announcement is a compliance confirmation rather than news about a new development. It doesn't change our strategy or activities at Spargoville or Carr Boyd, and it doesn't affect the financial position we've previously reported.

We know some of these procedural notices can look more complicated than they are, so we wanted to set out clearly what this one covers.

If you have questions about this announcement, please reach out through the question box on this page.