R8R Price sensitive 20 Oct 2026, 8:59 AM

Divestment of Kookynie Gold Project Completed

REGENER8 Resources NL

Regener8 Completes Kookynie Gold Project Divestment

Key points

  • Completed divestment of Kookynie Gold Project to Goldarc Resources Limited
  • Received $1.5 million in Goldarc shares and $1.0 million in contingent consideration
  • Focus shifts to Srebrenica North Project in Bosnia and Herzegovina

Full summary

Regener8 Resources NL (ASX: R8R) has completed the divestment of its 100% interest in the Kookynie Gold Project to Goldarc Resources Limited (ASX:GA8) for a total consideration of approximately $2.5 million. The divestment includes the issuance of 21,428,571 Goldarc shares at $0.07 per share and contingent consideration of up to $1.0 million based on future milestones. This strategic move allows Regener8 to concentrate on its flagship Srebrenica North silver-zinc-lead-antimony project in Bosnia and Herzegovina.

Summary generated by a large language model. Please interpret with care.

Sign in for more about this company, including guidance changes and other insights.
Sign in