Latest Strategic Asset Sales News

Mineral Commodities Ltd has extended the maturity date of its A$2.4 million convertible loan facility, tying repayment timing to the potential sale of its Skaland asset. This move provides the company with greater financial flexibility as it navigates strategic asset sales.

Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.

Adelong Gold Limited has secured $455,000 from selling a non-core property to fund exploration at its Victorian gold projects, while gold processing has commenced at its Challenger Gold Mine, signaling imminent production.

EV Resources Limited has agreed to sell its Yanamina Gold and Silver Project in Peru to Daura Gold Corp for US$6 million, a move that will bolster EVR’s cash reserves and sharpen its strategic focus.

EV Resources Limited has agreed to sell its Coyote Creek Antimony Project in Utah to Trigg Minerals, securing upfront cash and shares while maintaining exposure to antimony through equity stakes.

Dyno Nobel Limited reported a mixed half-year performance with a modest dip in revenues but a significant rise in net profit from continuing operations. The company is accelerating its transformation through major asset sales and a recommencement of its substantial share buyback program.

Accelerate Resources Limited has bolstered its cash reserves with a $2 million non-dilutive asset sale, positioning the company to accelerate its gold exploration efforts at the Kanowna East Project near Kalgoorlie.

Spenda Limited reported a robust Q3 FY25 with cash receipts soaring 160% year-on-year despite a strategic sale of its invoice finance loan book. The company secured a $3 million loan facility and forecasts a record-breaking quarter ahead.

Resources & Energy Group Limited (REZ) has achieved a pivotal milestone with its first gold doré pour from the East Menzies vat leach trial, while divesting its Mount Mackenzie project to sharpen focus on Western Australia growth.

GBM Resources Limited reports significant progress in its exploration programs and asset sales for Q1 2025, including a key Mt Morgan divestment and ongoing farm-in developments at Mt Coolon.

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.

betr Entertainment has unveiled a revised $360 million proposal to acquire PointsBet, backed by a $130 million fully underwritten equity raise and promising $40 million in annual cost synergies. The offer aims to outmaneuver a competing bid and accelerate integration in the Australian wagering market.