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AuMEGA Metals Ltd (ASX:AAM)

ALERT: Price-sensitive ASX Announcement for AAM
Current share price for AAM : $0.035 -0.006 (-14.63%)+
Announcement
Release
29 Apr 2026 2:52PM
Price at Release
$0.041
Full Release
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Summary
The Appendix 5B Cash Flow Report for AuMEGA Metals Ltd as of 31 March 2026 details the company's cash flows from operating, investing, and financing activities. During the quarter, the company reported a net cash outflow from operating activities of CAD 2.747 million, primarily due to exploration and evaluation costs and staff costs. Investing activities resulted in minor outflows for property, plant, and equipment, totaling CAD 7,000. Financing activities generated a net inflow of CAD 4.845 million, largely from the issuance of equity securities. As of the end of the quarter, the company held CAD 6.205 million in cash and cash equivalents, providing an estimated 2.3 quarters of funding availability. The report also notes a motor vehicle financing facility with the Royal Bank of Canada, secured against the vehicles, with an interest rate of 4.49% and monthly repayments until August 2026.
Key Points
  • Net cash outflow from operating activities was CAD 2.747 million.
  • Investing activities had minimal outflow of CAD 7,000 for equipment.
  • Financing activities resulted in CAD 4.845 million inflow from equity.
  • Cash and cash equivalents at quarter-end totaled CAD 6.205 million.
  • 2.3 estimated quarters of funding available.
  • Motor vehicle financing facility with Royal Bank of Canada at 4.49% interest.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.