Latest Asset Divestments News

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Askari Metals is gearing up for a pivotal shareholder meeting to approve its Ethiopian gold and copper acquisition, while restructuring debt and expanding European investor outreach.
Maxwell Dee
Maxwell Dee
26 Aug 2025
Genetic Technologies Limited reports a 36% increase in half-year losses amid voluntary administration, followed by a recapitalisation and sale of core assets. The company pivots towards new financial services acquisitions under fresh leadership.
Ada Torres
Ada Torres
20 Aug 2025
Iress Limited reported a robust first half of 2025 with strong earnings growth and reduced leverage, driven by core business strength and strategic divestments. The company is poised to capitalize on regulatory tailwinds and technology demand in wealth and trading sectors.
Sophie Babbage
Sophie Babbage
11 Aug 2025
Centuria Industrial REIT reported a solid FY25 with a 2% rise in Funds From Operations and announced a $60 million on-market buy-back to address valuation gaps. The REIT projects further growth in FY26 backed by robust leasing and asset management.
Eva Park
Eva Park
6 Aug 2025
Aeris Resources has outlined its FY26 production targets, aiming for a 40-49kt copper equivalent output while advancing key projects and planning asset divestments to strengthen its balance sheet.
Maxwell Dee
Maxwell Dee
5 Aug 2025
Yandal Resources has finalized a binding agreement to sell its Gordons Gold Project to Horizon Minerals for A$2.81 million in cash and shares, reinforcing its strategic focus on core exploration assets.
Maxwell Dee
Maxwell Dee
5 Aug 2025
Identitii Limited advances its BNDRY AML platform tailored for clubs and pubs through strategic collaborations and new funding, while managing cash flow pressures and legal challenges.
Sophie Babbage
Sophie Babbage
31 July 2025
XTC Lithium Limited is progressing its Carachi Lithium Project in Argentina through strategic partnership discussions and environmental assessments, while completing the sale of its Southern Cross assets in Western Australia.
Maxwell Dee
Maxwell Dee
31 July 2025
Wellnex Life Limited reported a robust Q4 FY25 with a 22% sales increase and positive operational cash flow, underpinning its strategic growth initiatives backed by new debt funding.
Ada Torres
Ada Torres
31 July 2025
Infinity Mining Limited reported a significant cash outflow in the June quarter and is pursuing divestments of its Western Australian projects to shore up finances. The company remains confident in securing additional funding to sustain operations.
Maxwell Dee
Maxwell Dee
31 July 2025
Flynn Gold has sold its Mount Dove Project tenement in Western Australia for $200,000, marking the start of a strategic divestment of non-core assets to fund exploration in Tasmania.
Maxwell Dee
Maxwell Dee
31 July 2025
Yandal Resources reports promising drilling results from its Caladan and New England Granite targets, highlighting potential for significant gold discoveries in Western Australia’s Yandal Greenstone Belt.
Maxwell Dee
Maxwell Dee
29 July 2025