Latest Asset Sales News

Marvel Gold Limited has restructured its Mali asset sale with Anchises Capital, securing a $250,000 equity injection while revising terms for its Tabakorole Gold Project sale.

Integral Diagnostics posts robust FY25 results with strong revenue growth and merger synergies exceeding expectations, setting a confident tone for FY26.

Pacific Current Group reports a 47% drop in statutory profit amid major asset sales but boosts dividends and completes a $265 million share buy-back, positioning for growth in FY26.

Zenith Minerals has secured final regulatory approval to commence Phase 2 of its RC drilling program at the Consolidated Dulcie Gold Project, aiming to convert a significant Exploration Target into a JORC-compliant resource.

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.

360 Capital Group has reported a significant profit increase for FY25 alongside a stable dividend and a substantial $0.40 per security special distribution, reflecting strong cash reserves and strategic growth in real estate credit.

GDI Property Group reports robust leasing activity with over 32,000sqm leased in FY25, fueling a 20% increase in Funds From Operations. Strategic asset sales and refinancing position the company well for continued growth in a tightening Perth office market.

GDI has reported a strong FY25 with a 22% increase in Property Funds From Operations, robust leasing activity, and significant asset sales, while maintaining its distribution guidance for FY26.

GDI Property Group has reported a strong turnaround in FY25, posting a $35.6 million net profit and a 20% increase in Funds From Operations, while maintaining its distribution at 5 cents per security.

Endeavour Group reported steady overall revenue for FY25, buoyed by a 4.1% rise in hotel sales that offset a 1.2% decline in retail liquor. The company also reduced net debt by $187 million amid strategic cost savings and a leadership transition.

Endeavour Group reported steady overall sales for FY25 despite a retail downturn, driven by strong hotel performance and disciplined cost management. A strategic refresh and leadership change signal a new chapter ahead.

Deterra Royalties Limited has sold its non-core La Preciosa silver royalties to Avino Silver & Gold Mines Ltd for US$22 million, securing a substantial pre-tax profit and reinforcing its strategic focus on core commodities.