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Aurumin Limited (ASX:AUN)

ALERT: Price-sensitive ASX Announcement for AUN
Current share price for AUN : $0.105 0 (0%)+
Release
21 Nov 2025 1:36PM
Price at Release
$0.105
Full Release
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Summary
Aurumin Limited announced the legal effectiveness of the schemes of arrangement under which Brightstar Resources Limited will acquire all shares of Aurumin and cancel all Aurumin options in exchange for new Brightstar options. The schemes have been approved by the Supreme Court of Western Australia and lodged with the Australian Securities and Investments Commission. Aurumin shares will be suspended from trading on the ASX from the close of trading on 21 November 2025, with the schemes expected to be implemented on 2 December 2025, and Aurumin will be removed from the ASX list by 3 December 2025.
Key Points
  • Schemes of arrangement between Aurumin and Brightstar approved.
  • Aurumin shares suspended from ASX trading on 21 November 2025.
  • Aurumin shareholders to receive one Brightstar share for every four Aurumin shares.
  • Schemes expected to be implemented on 2 December 2025.
  • Aurumin will be delisted from ASX on 3 December 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.