middle.news
Why Is Nex Metals Selling Its 20% Arika JV Stake Now?
8:48am on Monday 2nd of February, 2026 AEDT
•
Mining
Read Story
Why Is Nex Metals Selling Its 20% Arika JV Stake Now?
8:48am on Monday 2nd of February, 2026 AEDT
Key Points
Sale of 20% interest in Arika JV for $2.5 million cash plus Arika shares
Proceeds to fund Kookynie Tailings Project development and WA gold exploration
Retains 100% ownership of Kookynie Tailings Project advancing towards production
Transaction subject to shareholder and regulatory approvals
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Nex Metals Exploration (ASX:NME)
OPEN ARTICLE