Selling a Non-Core AssetIn late June, Ramelius entered into a binding agreement to sell its 100% interest in the Edna May Gold Hub to Forrestania Resources for total consideration of $300 million, structured as a mix of at least $200 million in upfront cash and up to $100 million in Forrestania shares. The package includes the Edna May Gold Mine, a 2.9 million-tonne-per-annum processing plant, associated infrastructure and multiple satellite exploration tenements. The shares Ramelius receives as part of the deal will be subject to an 18-month escrow period and a further six-month orderly sale commitment, with completion of the transaction expected in the September 2026 quarter. Strong Underlying ProductionThe asset sale comes as Ramelius has continued to deliver solid operational results across its remaining portfolio. Wednesday's gain suggests renewed investor confidence following the company's strong quarterly production numbers and continued progress on its portfolio simplification strategy.