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ADX Energy Ltd (ASX:ADX)

ALERT: Price-sensitive ASX Announcement for ADX
Current share price for ADX : $0.019 0.002 (11.76%)+
Announcement
Release
31 Jul 2026 12:18PM
Price at Release
$0.017
Full Release
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Summary
ADX Energy Ltd released its quarterly cash flow report for the period ending June 30, 2026. The company reported operating cash flows with receipts from customers amounting to AUD 3.621 million, while expenditures on exploration, evaluation, production, and administration amounted to significant figures leading to a net operating cash outflow of AUD 1.233 million. The investing activities resulted in a net cash outflow of AUD 1.220 million, primarily due to investments in property and equipment. Financing activities showed a net cash reduction of AUD 211,000. Overall, the cash and cash equivalents at the end of the period were AUD 2.196 million. The company plans a capital raise of AUD 3.58 million announced on July 22, 2026, to support its operations, anticipating lower production costs in the coming quarter.
Key Points
  • Net operating cash outflow of AUD 1.233 million.
  • Investing activities led to a net cash outflow of AUD 1.220 million.
  • Financing activities resulted in a cash outflow of AUD 211,000.
  • Cash and cash equivalents at period end were AUD 2.196 million.
  • Capital raise of AUD 3.58 million announced on July 22, 2026.
  • Production costs expected to be lower next quarter.
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.