Latest Asset Divestment News

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XTC Lithium Limited has signed a Letter of Intent with American Battery Materials to jointly develop its Carachi Lithium Project in Argentina, while divesting non-core assets to sharpen its focus on lithium exploration.
Maxwell Dee
Maxwell Dee
29 Apr 2025
betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and advance a superior takeover proposal valued at A$360 million. The move positions betr as PointsBet’s largest shareholder and challenges the existing MIXI scheme with enhanced funding certainty and synergy prospects.
Victor Sage
Victor Sage
29 Apr 2025
H&G High Conviction Limited has completed a major asset divestment, distributing over 63 million Hancock & Gore shares to its shareholders and signaling potential delisting and strategic shifts ahead.
Claire Turing
Claire Turing
29 Apr 2025
Strategic Energy Resources advances its copper-gold and polymetallic exploration with refined drill targets at Isa North, promising anomalies at South Cobar, and a major new gold project granted in Queensland, while managing funding and asset divestment.
Maxwell Dee
Maxwell Dee
29 Apr 2025
AMA Group has locked in a $110 million debt facility from two major Australian banks, improving funding costs and enabling strategic expansion in the collision repair sector.
Victor Sage
Victor Sage
17 Feb 2025
Patronus Resources has initiated an on-market takeover offer for Matsa Resources at $0.045 per share, representing a significant premium and aiming to consolidate its position in gold exploration.
Maxwell Dee
Maxwell Dee
10 Feb 2025
Xstate Resources has divested its 25% stake in the Crest Jinn assets in Alberta, Canada, opting for a modest royalty interest as it refocuses amid geopolitical and operational uncertainties.
Victor Sage
Victor Sage
7 Feb 2025
Charter Hall Long WALE REIT reported a resilient half-year performance with near-full occupancy and solid income growth, reaffirming its FY25 earnings and distribution guidance amid strategic portfolio adjustments.
Eva Park
Eva Park
7 Feb 2025
Charter Hall Long WALE REIT reported solid first-half results for FY25, maintaining strong portfolio occupancy and lease terms while executing significant asset sales and strategic acquisitions. The REIT reaffirmed its full-year earnings and distribution guidance, underscoring confidence in its long-term growth strategy.
Eva Park
Eva Park
7 Feb 2025
Triton Minerals has secured A$17 million from the sale of a 70% stake in its Mozambique graphite assets, while progressing environmental approvals and unveiling promising high-grade gold and copper results at its new Aucu project.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Silver Metal Group has completed the sale of its Texas Project, shedding operational costs and debt, while focusing on exploration planning amid tight cash reserves and ongoing capital raising efforts.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Accelerate Resources has successfully raised $1.35 million to accelerate exploration at its newly acquired Kanowna East Gold Project, marking a strategic push into the prolific Kalgoorlie gold region.
Maxwell Dee
Maxwell Dee
31 Jan 2025