Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
PEABODY ENERGY CORP entered into Sale and Purchase Agreement with Stanmore SMC Pty Ltd valued at up-front purchase price of approximately $136,000,000 in addition to a contingent royalty of up to $ (effective 2023-10-25).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Stanmore SMC Pty Ltd
- Value
- up-front purchase price of approximately $136,000,000 in addition to a contingent royalty of up to $
- Effective
- 2023-10-25
Exact text from the filing
On October 25, 2023, Peabody Energy Corporation, a Delaware corporation (the “Company”), entered into a definitive sale and purchase agreement (the “Sale and Purchase Agreement”), dated October 26, 2023, by and between Stanmore SMC Pty Ltd (“Stanmore”), a wholly-owned subsidiary of Stanmore Resources Limited and Peabody (Bowen) Pty Ltd, a wholly-owned subsidiary of the Company (“Buyer”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PEABODY ENERGY CORP entered into Put and Call Option Deed with Stanmore SMC Pty Ltd valued at Alternate Transaction would involve the Buyer acquiring all of the Wards Well Tenements, and subleas (effective 2023-10-26).
- Action
- entry
- Counterparty
- Stanmore SMC Pty Ltd
- Value
- Alternate Transaction would involve the Buyer acquiring all of the Wards Well Tenements, and subleas
- Effective
- 2023-10-26
Exact text from the filing
To facilitate the pathway of the Alternate Transaction if the Acquisition Conditions are not satisfied within 12 months, the Buyer and Stanmore also entered into a put and call option deed (the “Put and Call Option Deed”), dated as of October 26, 2023.
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