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Why Pearl Gull Iron Is Selling Cockatoo Island Project for A$4.5M Plus Equity
9:34am on Thursday 4th of September, 2025 AEST
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Why Pearl Gull Iron Is Selling Cockatoo Island Project for A$4.5M Plus Equity
9:34am on Thursday 4th of September, 2025 AEST
Key Points
Binding agreement to sell Cockatoo Island Project for A$4.5 million cash
4% equity interest in Crestlink Pty Ltd included in consideration
Royalties payable on iron ore and ballast extracted from the project
Transaction subject to shareholder and regulatory approvals
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Pearl Gull Iron (ASX:PLG)
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