Estrella Resources Secures Funds for Manganese Exploration

Estrella Resources Limited (AU:ESR) has released an update.

Estrella Resources Limited has successfully secured $1.25 million through a share placement to bolster its manganese exploration efforts in Timor-Leste. The placement involves issuing 83.33 million shares with options and aims to fund ongoing exploration and drilling programs. This move, managed by Barclay Wells Ltd, reflects a strategic push to capitalize on resource opportunities in the region.

For further insights into AU:ESR stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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