Yari Resources
YAR: Acquisition completed, Arcadia Coal Project, Qld
Yari Resources has completed the acquisition of the Arcadia Coal Project, establishing a combined 504.9Mt JORC coal resource portfolio in Queensland's Bowen Basin. The acquisition, valued at A$714,000 (illustrative), significantly increases total resources by 126.5% and Indicated Resources by 486.6%, with resource growth materially outpacing equity dilution. The company now shifts focus to unlocking value through resource growth, development studies, and strategic opportunities for its expanded portfolio.