Estrella Resources Enters Underwriting Agreement For AU$8 Million Listed Options

MT Newswires Live

Mar 31

Estrella Resources (ASX:ESR) entered into an option underwriting agreement with Million Link (China) Investment to underwrite the majority balance of its existing quoted options, exercisable at AU$0.018 apiece and expiring Dec. 13, according to a Tuesday Australian bourse filing.

Million Link will underwrite the exercise of 445 million options, representing an underwritten amount of AU$8 million before costs. This involves Million Link subscribing or procuring subscriptions for the number of shares equal to the number of underwritten options that are not exercised by Dec. 13.

Million Link will receive a fee of 8% of the final underwritten amount and 10 million new unlisted three-year AU$0.045 exercise options that convert to Estrella Resources fully-paid ordinary shares per AU$1 million of underwriting funds received by Estrella.

Its shares fell 1% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2623760613"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2623760613\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2623760613?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-31 10:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2623760613","market":"sg","top_or_hot":-1,"title":"Estrella Resources Enters Underwriting Agreement For AU$8 Million Listed Options","media":"MT Newswires Live","content":"<html><body><p> Estrella Resources (ASX:ESR) entered into an option underwriting agreement with Million Link (China) Investment to underwrite the majority balance of its existing quoted options, exercisable at AU$0.018 apiece and expiring Dec. 13, according to a Tuesday Australian bourse filing.</p><p>Million Link will underwrite the exercise of 445 million options, representing an underwritten amount of AU$8 million before costs. This involves Million Link subscribing or procuring subscriptions for the number of shares equal to the number of underwritten options that are not exercised by Dec. 13.</p><p>Million Link will receive a fee of 8% of the final underwritten amount and 10 million new unlisted three-year AU$0.045 exercise options that convert to Estrella Resources fully-paid ordinary shares per AU$1 million of underwriting funds received by Estrella.</p><p>Its shares fell 1% in recent trading on Tuesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Estrella Resources Enters Underwriting Agreement For AU$8 Million Listed Options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEstrella Resources Enters Underwriting Agreement For AU$8 Million Listed Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-31 10:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Estrella Resources (ASX:ESR) entered into an option underwriting agreement with Million Link (China) Investment to underwrite the majority balance of its existing quoted options, exercisable at AU$0.018 apiece and expiring Dec. 13, according to a Tuesday Australian bourse filing.</p><p>Million Link will underwrite the exercise of 445 million options, representing an underwritten amount of AU$8 million before costs. This involves Million Link subscribing or procuring subscriptions for the number of shares equal to the number of underwritten options that are not exercised by Dec. 13.</p><p>Million Link will receive a fee of 8% of the final underwritten amount and 10 million new unlisted three-year AU$0.045 exercise options that convert to Estrella Resources fully-paid ordinary shares per AU$1 million of underwriting funds received by Estrella.</p><p>Its shares fell 1% in recent trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ESR.AU","symbol_name":"ESTRELLA RESOURCES LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2623760613","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2623760613","pubTimestamp":1774922772,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Estrella Resources  entered into an option underwriting agreement with Million Link  Investment to underwrite the majority balance of its existing quoted options, exercisable at AU$0.018 apiece and expiring Dec. 13, according to a Tuesday Australian bourse filing.Million Link will underwrite the exercise of 445 million options, representing an underwritten amount of AU$8 million before costs. This involves Million Link subscribing or procuring subscriptions for the number of shares equal to the number of underwritten options that are not exercised by Dec. 13.Million Link will receive a fee of 8% of the final underwritten amount and 10 million new unlisted three-year AU$0.045 exercise options that convert to Estrella Resources fully-paid ordinary shares per AU$1 million of underwriting funds received by Estrella.Its shares fell 1% in recent trading on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ESR.AU":"ESTRELLA RESOURCES LTD","BK7095":"多种金属与采矿"},"translate_title":"Estrella Resources签订800万澳元上市期权承销协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESR.AU":1},"content_text":"Estrella Resources (ASX:ESR) entered into an option underwriting agreement with Million Link (China) Investment to underwrite the majority balance of its existing quoted options, exercisable at AU$0.018 apiece and expiring Dec. 13, according to a Tuesday Australian bourse filing.Million Link will underwrite the exercise of 445 million options, representing an underwritten amount of AU$8 million before costs. This involves Million Link subscribing or procuring subscriptions for the number of shares equal to the number of underwritten options that are not exercised by Dec. 13.Million Link will receive a fee of 8% of the final underwritten amount and 10 million new unlisted three-year AU$0.045 exercise options that convert to Estrella Resources fully-paid ordinary shares per AU$1 million of underwriting funds received by Estrella.Its shares fell 1% in recent trading on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}