Brightstar Resources, Alto Resources Delay Scheme Implementation to Dec. 9

MT Newswires Live

2024-09-30

Brightstar Resources (ASX:BTR) and Alto Metals (ASX:AME) delayed the implementation of their scheme of arrangement, with the first court hearing slated for Oct. 11 and the scheme meeting for Nov. 19, according to a Friday filing with the Australian bourse.

The effective date is now Dec. 2, and the implementation date is Dec. 9, the filing stated.

Brightstar Resources' shares rose almost 6% in recent Monday trade.

Price (AUD): $0.02, Change: $+0.001, Percent Change: +5.88%

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