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Why Whitebark Energy Sold Its Last Stake in Canadian Wizard Lake Assets
10:11am on Wednesday 17th of September, 2025 AEST
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Energy
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Why Whitebark Energy Sold Its Last Stake in Canadian Wizard Lake Assets
10:11am on Wednesday 17th of September, 2025 AEST
Key Points
Sale and Purchase Agreement signed for remaining 10% interest in Wizard Lake
Consideration of CAD$141,486 with Conflux waiving excess debt of CAD$32,044
Transaction follows prior divestment of 90% interest completed in March 2025
Whitebark to concentrate on Australian assets including the Alinya Project
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