Brightstar Resources issues shares to employees under incentive plan

Brightstar Resources Limited announced the quotation of 57,500 fully paid ordinary shares on September 23, 2025. These securities, designated as "ORDINARY FULLY PAID" under the ASX security code BTR, were issued as part of the company's Employee Share Incentive Plan (ESIP). The shares are being awarded to employees as consideration for services performed, with an estimated value of AUD 0.510000 per security.

The issue was conducted without a disclosure document or PDS, and Brightstar Resources confirmed compliance with Chapter 2M, sections 674, and 674A of the Corporations Act. This issue is in line with the company ESIP, which was approved by shareholders at the Annual General Meeting on November 27, 2023. This falls under Listing Rule 7.2 exception 13, obviating the need for further security holder approval.

Following this issuance, Brightstar Resources Limited's total quoted securities now stand at 579,309,411 ordinary fully paid shares. The newly issued shares will rank equally in all respects with existing issued securities from their issue date. The company also confirmed no information was excluded from continuous disclosure notices that would materially impact an investor's assessment of its financial standing or the shares’ rights and liabilities.