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High Peak Royalties Limited (ASX:HPR)

ALERT: Price-sensitive ASX Announcement for HPR
Current share price for HPR : $0.105 0.045 (75%)+
Announcement
Release
30 Jan 2026 7:16PM
Price at Release
$0.060
Full Release
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Summary
High Peak Royalties Limited has completed the NorthStar transaction, transferring an 80.01% interest in Torrens Energy Pty Ltd, thereby finalizing the disposal of its geothermal exploration licenses (GELs). The company retained royalties over these licenses and received shares in NorthStar Energy Limited as part of the transaction, enhancing High Peak's asset base. The report notes royalty receipts from various projects, including substantial payments from the Peat Gas Field and royalties associated with Northern Territory and Longtom Gas Field developments. The company continues to engage with operators managing its diverse royalty interests while noting no other significant corporate developments during the quarter.
Key Points
  • Completion of NorthStar transaction transferring 80.01% interest in Torrens Energy.
  • Retention of royalties over Torrens Energy licenses.
  • Issuance of 6,250,000 NorthStar shares to High Peak.
  • Received A$121,497 in royalty receipts from Peat Gas Field production.
  • Monitoring progress of Amadeus Basin and Longtom Gas Field projects.
  • Related party payments amounted to A$38,750 for director fees.
  • No exploration assets remaining after NorthStar transaction.
  • Continued engagement with operators of royalty interests.
  • Cash and cash equivalents at the end of December 2025 was A$318,000.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.