Update on AGM Results, DECA Implementation and Renewed Exploration and Development
Strategy
• Debt Cancellation and Share Cancellation approved by shareholders, $53M debt and 433M
shares (53% of current issued capital) held by majority shareholders to be cancelled upon
DECA completion
• All resolutions put to shareholders at AGM approved
• DECA now unconditional, to be implemented as soon as practicable
• Stone Resources Australia Ltd to be renamed Brightstar Resources Ltd
• Josh Hunt appointed as non-‐executive director
• Brightstar currently developing renewed exploration strategy including a review of the
Hawks Nest tenements, which are along strike from Magnetic Resources’ prospective Hawks
Nest discoveries
• Review of near surface targets at 100% owned Cork Tree Well project (3.9Mt @1.9 g/t for
237koz Au)
• Refurbishment study and upgrade plan to be initiated for the 330ktpa Brightstar Mill
• Major rebrand to be implemented
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