middle.news

How ASF Group Turned a $1.07M Loan into Equity in Queensland Gas Projects

11:12am on Wednesday 7th of January, 2026 AEDT Energy
Read Story

How ASF Group Turned a $1.07M Loan into Equity in Queensland Gas Projects

11:12am on Wednesday 7th of January, 2026 AEDT
Key Points
  • ASF Group executes debt-to-equity conversion with Rey Resources
  • Rey repays $1.07 million loan via transfer of Rey Surat Gas Pty Ltd
  • Rey Surat holds 5.67% interest in PZE Limited, linked to Surat and Silver Springs projects
  • Loan agreement terminated following equity transfer
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Asf (ASX:AFA)
OPEN ARTICLE