‘Compelling’ merger to unite central Sandstone region - Australian Mining

‘Compelling’ merger to unite central Sandstone region - Australian Mining

Image: SPF/shutterstock.comLess than a month after agreeing to non-binding indicative terms for a scheme of arrangement, Brightstar Resources has entered into a scheme implementation deed with Aurumin to consolidate the central Sandstone region in Western Australia. Under the share scheme, Aurumin shareholders will receive one Brightstar share for every four Aurumin shares held on the scheme consideration’s record date. This represents an implie…