Regener8 to Divest Kookynie Gold Project to GA8
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| Stock | REGENER8 Resources NL (R8R.ASX) |
|---|---|
| Release Time | 6 Aug 2026, 9:15 a.m. |
| Price Sensitive | Yes |
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Regener8 to Divest Kookynie Gold Project to GA8
Key Points
- Regener8 to sell 100% interest in Kookynie Gold Project to GA8
- Total consideration of $2.5 million
- Includes $1.5 million in Goldarc shares and $1.0 million in contingent consideration
- Divestment to focus on Srebrenica North Project in Bosnia and Herzegovina
Full Summary
Regener8 Resources NL (ASX: R8R) has executed a binding sale and purchase agreement with Goldarc Resources Limited (ASX:GA8) to sell its 100% interest in the prospecting licenses comprising the Kookynie Gold Project for a total consideration of $2.5 million. The consideration includes $1.5 million in Goldarc shares and $1.0 million in contingent consideration. The divestment will allow Regener8 to concentrate on its Srebrenica North Project in Bosnia and Herzegovina, where Phase 1 soil sampling has recently been completed.
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