Latest Asset Sale News

Eminence Minerals has sold its non-core Mata da Corda Project in Brazil for USD 2 million, boosting its cash reserves and sharpening focus on priority assets.

Triton Minerals has issued a default notice to NQM Gold 2 following a missed completion deadline for the sale of its Mozambique graphite assets, pushing the transaction deadline to 9 July 2026.

Kincora Copper has sealed definitive agreements to divest its Mongolian subsidiaries for US$10 million, marking a strategic pivot to focus on its Australian gold-copper projects.

Korab Resources has pushed back the shareholder approval and settlement deadlines for its $4.35 million sale of the Geolsec mineral lease amid pending ASX clearance. The mineral lease, part of the Rum Jungle Project, remains a non-core asset for the company.

Multistack International has finalised the sale of nearly all its assets and shares in its Australian subsidiary to Willing Y Limited, marking a pivotal step in its strategic overhaul.

DXN Limited has landed a $1 million contract to deliver a Cable Landing Station in American Samoa, reinforcing its foothold in Pacific telecom infrastructure while divesting a non-core Tasmanian data centre.

Chimeric Therapeutics has appointed Hawkesbury Partners to lead a strategic review aimed at exploring options to enhance shareholder value, reflecting concerns that its market cap undervalues its clinical assets and infrastructure.

ARN Media is selling its Hong Kong out-of-home advertising business, Cody HK, to DFI Retail Group for HK$30.2 million, marking a strategic exit from non-core assets to sharpen focus on Australian operations.

Atlas Arteria extinguishes a US$100 million put option with Ontario Teachers’ Pension Plan, pauses Chicago Skyway sale, and faces a dismissed Dulles Greenway rate case with potential appeal.

PPK Group has cleared all conditions for selling its 39.85% stake in Craig International Ballistics, setting the stage for completion before the financial year closes.

Altech Batteries has sold its non-core land in Meckering, Western Australia, for $950,000, boosting working capital while retaining mining rights. The sale also triggered a $500,000 bank guarantee tied to €2 million bearer bonds due in October.

DigiCo Infrastructure REIT's CEO Michael Juniper has resigned effective immediately, prompting the Board to launch a search for his successor while maintaining leadership continuity.