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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
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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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PEARL GULL IRON (ASX:PLG)
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