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Adelong Gold Completes Sale of Challenger Mines Stake, Secures GDM Shares
3:02pm on Monday 2nd of February, 2026 AEDT
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Mining
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Adelong Gold Completes Sale of Challenger Mines Stake, Secures GDM Shares
3:02pm on Monday 2nd of February, 2026 AEDT
Key Points
Sale of 49% Challenger Mines interest completed
Received 10 million fully paid GDM shares as consideration
Joint venture with Challenger Mines terminated
Retains 1% net smelter return royalty capped at 125,000 ounces
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