Latest Asset Sales News

Magnis Energy Technologies advances financing for its Nachu Graphite Project while navigating the complexities of Imperium3 New York Inc’s bankruptcy and ongoing ASX suspension.

Moho Resources has amended the sale terms of its Empress Springs Project with Qld Aus Graphite, replacing a royalty agreement with upfront cash payments totaling $708,500. Completion is expected soon, pending final conditions.

Thrive Tribe Technologies has initiated a corporate restructure focused on revenue growth, appointed a seasoned COO, and rebranded its platform while securing venture debt funding to support expansion.

Peregrine Gold Limited has secured a pivotal agreement for gold extraction at its Peninsula Prospect, launched major drilling campaigns at Mallina and Tin Can, and bolstered its treasury through a $2.5 million capital raise and asset sale.

Duxton Farms reported a strategic property acquisition in the Northern Territory alongside a $38 million sale of its Kentucky aggregation, navigating challenging weather and mixed commodity prices in Q3 FY2025.

Saferoads Holdings reports a modest quarterly profit driven by cost cuts and prepares to settle the sale of its Road Safety Rentals business, aiming to clear debt and refocus on product sales growth.

Cyprium Metals completed a A$15 million capital raise and formed a strategic alliance with Macmahon to accelerate the restart of its Nifty Copper Complex, while upgrading its Maroochydore copper-cobalt resource.

FirstWave’s Q3 FY25 update reveals steady contract renewals alongside tighter cash reserves, as the cybersecurity firm advances strategic partnerships and operational efficiencies.

LCL Resources has struck a binding agreement to divest its Colombian projects for A$10 million plus royalties, while unveiling a maiden 831,000-ounce gold resource at its Kusi project in Papua New Guinea.

Infinity Mining Limited reported a challenging quarter with net cash outflows from operations and investing, but bolstered its liquidity through a $1.87 million equity raise and plans to divest Western Australian projects.

Ecofibre Limited reported a $2.2 million operating cash outflow in 3Q25 with total cash at $1.3 million, highlighting mixed progress across its business units and a pressing need to monetise assets to sustain operations.

New Frontier Minerals has identified 46 priority exploration targets rich in heavy rare earth elements at its Harts Range Project and formalized a strategic alliance to process copper ore from its Big One Deposit, marking significant progress in its multi-commodity portfolio.