All Star proposes changing its name to Marula Mining
AQSE-listed All Star Minerals has proposed changing its name to Marula Mining.
The directors believe the new name will better reflect the company’s updated strategic objectives and increased focus on delivering on its strategy of investing in, and developing, mining assets, as reflected in the recent signing of a heads of agreement to invest in two mining projects in Zambia and South Africa.
Shareholders will have to vote in favour of the proposed name change at an upcoming general meeting of the company.
“The coming months will be very much a period of delivery, and I am excited about the future of the company. The Marula Tree is one of the largest indigenous trees and is found throughout Africa and is known as the ‘King of African Trees’.
“The proposed change of name and signing of the heads of agreement marks a new chapter for the company and I look forward to delivering regular and positive updates on the company’s progress, while rapidly developing the advanced projects in Zambia and South Africa and continuing to evaluate other investment opportunities,” says CEO Jason Brewer.
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