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Nex Metals Completes Arika JV Divestment, Secures $0.5 Million Cash and 70 Million Shares
8:50am on Friday 5th of June, 2026 AEST
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Nex Metals Completes Arika JV Divestment, Secures $0.5 Million Cash and 70 Million Shares
8:50am on Friday 5th of June, 2026 AEST
Key Points
Divestment delivers $0.5 million net cash and 70 million Arika shares
Nex Metals retains exposure through substantial Arika shareholding
Transaction removes future joint venture funding obligations
Funds to accelerate Kookynie Tailings and Egypt projects
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