middle.news
New Age Exploration Completes Lochinvar Coal Sale, Secures A$15M Royalty Upside
1:32pm on Tuesday 1st of July, 2025 AEST
•
Mining
Read Story
New Age Exploration Completes Lochinvar Coal Sale, Secures A$15M Royalty Upside
1:32pm on Tuesday 1st of July, 2025 AEST
Key Points
Sale of 100% interest in Lochinvar Coal Project to Paladar Trading Ltd completed
Royalty deed grants NAE A$1 per tonne on first 15 million tonnes extracted
Potential royalty income up to A$15 million contingent on project development
Strategic refocus on core gold and lithium exploration in Central Pilbara and New Zealand
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
NEW AGE EXPLORATION (ASX:NAE)
OPEN ARTICLE