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Godolphin Divests Calarie Stake to Adavale with Shares and Options

8:26am on Tuesday 2nd of June, 2026 AEST Mining
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Godolphin Divests Calarie Stake to Adavale with Shares and Options

8:26am on Tuesday 2nd of June, 2026 AEST
Key Points
  • 49% Calarie Project stake sold to Adavale Resources
  • Consideration includes 7.6 million shares plus options
  • Deal supports Godolphin’s portfolio rationalisation
  • Focus shifts to Lewis Ponds and Narraburra projects
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