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Ark Mines Limited (ASX:AHK)

ALERT: Price-sensitive ASX Announcement for AHK
Current share price for AHK : $0.265 -0.055 (-17.19%)+
Announcement
Release
30 Apr 2026 11:57AM
Price at Release
$0.320
Full Release
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Summary
Ark Mines Limited reported its Appendix 5B - Quarterly Cash Flow Report for the quarter ending March 31, 2026. The company recorded cash and cash equivalents of A$4,154,000 at the end of the quarter. During this period, Ark Mines had a net cash outflow of A$335,000 from operating activities, while investing activities saw a minimal inflow of A$1,000. Financing activities resulted in a net inflow of A$53,000, mainly from the exercise of options. The company has sufficient funding available for approximately 12.4 quarters at the current cash outflow rate. Additionally, payments to related parties amounted to A$91,000.
Key Points
  • Ark Mines Ltd closed the quarter ending March 31, 2026, with cash and cash equivalents of A$4,154,000.
  • The company reported net cash outflows from operating activities amounting to A$335,000 for the current quarter.
  • Investing activities generated a net cash inflow of A$1,000, primarily due to proceeds from deposits.
  • Financing activities contributed a net cash inflow of A$53,000, with proceeds from the exercise of options and costs related to issues of equity securities.
  • The company has an estimated 12.4 quarters of funding available based on current cash outflows.
  • Payments to related parties during the quarter totaled A$91,000.
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.