Stone Resources Australia recapitalisation major step closer with $10m agreement to sell Ben Hur
to Regis Resources
• SRAL strikes deal to sell Ben Hur project to Regis for $10 million in Regis shares and royalty
• Deal will enable SRAL to pay major shareholder Stone HK $6 million pursuant to the
proposed share buyback and debt cancellation
• SRAL to retain $4 million cash or shares in Regis
• Subject to SRAL shareholder approval, the share buyback and debt cancellation will leave
SRAL well positioned to advance Brightstar Gold Project at a time of record high gold prices
• PCF Capital Group retained by SRAL as strategic and financial adviser
Ann: Recapitalisation Update - Sell Ben Hur to Regis Resources, page-2
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Last
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Change
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Mkt cap ! $66.26M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $82.80K | 5.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 13966895 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 7678120 | 9 |
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| Last trade - 14.30pm 13/06/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
0.001 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.4¢ | 305134 | ||
| Last updated 12.08pm 13/06/2024 ? | |||||
| BTR (ASX) Chart |