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Subsequent Events
9 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events

18. Subsequent Events

 

On April 1, 2025, the Company entered into a Commercial/Investment Property Purchase Agreement and Joint Escrow Instructions (the “Purchase Agreement”), pursuant to which the Company entered into an agreement with Steven Pokrajac and Corina Pokrajac and/or their assigns to sell that certain property comprising approximately 12 acres located in Lyon County, Nevada, APN 021-071-50, commonly known as 395 Logan Lane, Fernley, Nevada, along with improvements located thereon, for a total purchase price of $6.75 million. Under the Purchase Agreement, the transaction is anticipated to close on or before July 10, 2025. The Company continues to market for sale its other real property and water rights holdings located in Fernley, Nevada.

 

On April 20, 2025, the Company entered into a Banked Water Purchase Agreement with H2O NV Investments, LLC to sell 282.455 acre-feet of water rights for $4,660,508.