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Pearl Gull Iron Sells Cockatoo Island Project for $4.5M Plus Equity Stake

7:03pm on Monday 27th of October, 2025 AEDT Mining
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Pearl Gull Iron Sells Cockatoo Island Project for $4.5M Plus Equity Stake

7:03pm on Monday 27th of October, 2025 AEDT
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, ministerial, and FIRB approvals
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