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Why Has Pearl Gull Iron Been Suspended After Selling Cockatoo Island?

9:02pm on Thursday 5th of March, 2026 AEDT Mining
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Why Has Pearl Gull Iron Been Suspended After Selling Cockatoo Island?

9:02pm on Thursday 5th of March, 2026 AEDT
Key Points
  • Sale of Cockatoo Island Project completed for A$4.5 million cash, equity, and royalties
  • ASX suspended trading due to non-compliance with Listing Rule 12.1 after six months
  • Company holds A$2.1 million cash with A$2.0 million receivable in December 2026
  • Pearl Gull plans to pursue new projects and maintain ASX listing
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