Newport Exploration Receives AUD$255,521 Net Quarterly Royalty Payment

Reuters
03/04
Newport Exploration Receives AUD$255,521 Net Quarterly Royalty Payment

Newport Exploration Ltd. reported receiving a quarterly royalty payment from Beach Energy Ltd. for the November 2025 to January 2026 period under its 2.5% Gross Overriding Royalty in Australia’s Cooper Basin. Gross royalty income for the quarter was AUD$365,030, and Newport received AUD$255,521 net after a 30% Australian withholding tax of AUD$109,509. The company also stated it has approximately CDN$3.0 million in its treasury and no debt, and reported 105,579,874 common shares outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newport Exploration Ltd. published the original content used to generate this news brief on March 02, 2026, and is solely responsible for the information contained therein.

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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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