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High Peak Royalties Advances Strategic Shift with Northstar Deal and Debt-Free Status

4:00am on Monday 2nd of June, 2025 AEST Energy
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High Peak Royalties Advances Strategic Shift with Northstar Deal and Debt-Free Status

4:00am on Monday 2nd of June, 2025 AEST
Key Points
  • March quarter royalty receipts total A$344,751 with net cash inflows of A$90,315
  • Completed first tranche of Torrens Energy sale to Northstar, receiving A$2 million in shares
  • Company now debt free after repaying Macquarie Bank facility
  • Peat Gas Field production impacted by 21-day offline period in March
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