Welcome to White Star Resources
(to be renamed Spookfish Limited)
White Star is an ASX listed company (ASX: WSR) which currently has a strategic land holding in the Atacama region of Northern Chile that is prospective for copper-gold.
White Star has recently exercised its option to acquire Spookfish Pty Ltd (“Spookfish”) , an Australian company focused on the commercialisation of premium geospatial imagery products and services. The Spookfish founders and technical team have each operated in this sector for over 20 years and are considered pioneers in their field.
As part of completing the Spookfish acquisition, White Star will seek to recomply with Chapters 1 and 2 of the ASX Listing Rules and undertake a capital raising. White Star will be required to call a meeting of shareholders, at which shareholders will be asked to vote on the proposal to acquire Spookfish. If the shareholders approve the transaction to acquire Spookfish, the Company’s shares will be suspended from trading on the ASX until the requirements of the Chapters 1 and 2 of the ASX Listing Rules have been satisfied. Completion is subject to further due diligence including full-scale testing of the Spookfish Technology Demonstrator, which is anticipated to be completed prior to the shareholder meeting. The Company also intends to rename itself “Spookfish Limited”.
Full details are available on the announcements