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Pearl Gull Iron Sells Cockatoo Island for $4.5M, Secures Crestlink Stake and Royalties

7:04pm on Wednesday 28th of January, 2026 AEDT Mining
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Pearl Gull Iron Sells Cockatoo Island for $4.5M, Secures Crestlink Stake and Royalties

7:04pm on Wednesday 28th of January, 2026 AEDT
Key Points
  • Sale of Cockatoo Island Project for A$4.5 million plus equity and royalties
  • Received A$2.5 million upfront; remaining A$2 million due in December 2026
  • 4% indirect equity interest in Crestlink via JCA WA Nominees Pty Ltd
  • Full repayment of outstanding loans and accrued director fees during the quarter
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