• Sunshine finalizes sale of Hodgkinson Project to EQ Resources for $250,000.
• Proceeds to focus on Mt Moss Gold Plant and Sybil epithermal field.
• Completion expected by August 2026, subject to regulatory approval.

Sunshine Metals Limited (ASX:SHN) has finalized a binding agreement to divest its Hodgkinson Project in Queensland to EQ Resources Ltd (ASX:EQR) for $250,000 in cash, subject to completion. The divestment will allow Sunshine to focus on refurbishment, construction, and final permitting of the Mt Moss Gold Plant in Queensland, progressing toward gold production from Liontown in mid-2027, as well as exploration of the Sybil epithermal field. The transaction comprises $100,000 cash upon agreement execution and $150,000 upon completion, subject to regulatory approval, assignment of third-party royalties, and third-party consent. Sunshine's Managing Director, Dr Damien Keys, commented on the strategic benefits of the divestment, allowing Sunshine to concentrate on its core areas closer to Townsville.