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ACDC Metals Ltd (ASX:ADC)

ALERT: Price-sensitive ASX Announcement for ADC
Current share price for ADC : $0.043 -0.004 (-8.51%)+
Announcement
Release
31 Jul 2026 1:33PM
Price at Release
$0.047
Full Release
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Summary
The quarterly report for ACDC Metals Ltd ending June 30, 2026, highlights the company's ongoing exploration efforts in Victoria and Nevada, with significant progress at the Goschen Central Project gaining a 10-year retention licence. The company is preparing for further geophysical surveys and a maiden drilling program. Financially, ACDC Metals raised $1,857,000 through a placement and entitlement offer to support its projects and operations, detailed in the Appendix 5B Cashflow Report. The company emphasizes continued community engagement and stakeholder communication in its work plans.
Key Points
  • ACDC Metals Ltd's quarterly activities report for the quarter ending June 30, 2026.
  • The company continued its exploration activities across its various projects in Victoria and Nevada.
  • The Goschen Central Project in Victoria received a 10-year Retention Licence, allowing the company to maintain its tenure while market conditions and infrastructure access develop.
  • The company plans further geophysical surveys and drilling at its projects in the upcoming quarters, with a maiden drilling program scheduled for Q4 CY2026.
  • ACDC Metals completed a placement and an entitlement offer, raising a total of $1,857,000 for project funding and working capital.
  • The report includes an Appendix 5B Cashflow Report detailing the company’s cash flow activities for the quarter.
  • The company is focused on community consultation and stakeholder engagement as part of its development plans.
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.