middle.news
Cullen Nets A$1.5M Selling Wyloo Iron Ore Royalty to Vox
10:39pm on Friday 29th of August, 2025 AEST
•
Mining
Read Story
Cullen Nets A$1.5M Selling Wyloo Iron Ore Royalty to Vox
10:39pm on Friday 29th of August, 2025 AEST
Key Points
Sale of 1.5% gross revenue Wyloo iron ore royalty for A$1.5 million
Retention of $900,000 payment upon FMG's decision to commence mining
Transaction subject to customary conditions precedent by 30 September 2025
Parent company guarantee provided by Cullen for subsidiary obligations
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Cullen Resources (ASX:CUL)
OPEN ARTICLE