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APC Minerals Limited (ASX:APC)

ALERT: Price-sensitive ASX Announcement for APC
Current share price for APC : $0.009 -0.003 (-25%)+
Release
28 Jan 2026 3:39PM
Price at Release
$0.012
Full Release
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Summary
APC Minerals Limited's Quarterly Activities Report, for the period ending December 31, 2025, highlights the company's activities including a successful capital raise of $1.765 million, enhancing financial flexibility for project opportunities. The report details no substantive on-ground progress in the Laverton Downs Gold Project and Nexus Project in Western Australia but notes planning and strategic reviews for future exploration. Key financials from the Appendix 5B Cash Flow Report show a decrease in cash equivalents to $135,000 by year-end. Payments for exploration expenditures totaled $41,400, while payments to related parties were $122,000. Post-quarter, an entitlement offer and top-up placement raised an additional $1.649 million, strengthening APC's position to pursue strategic initiatives and maintain existing projects.
Key Points
  • APC Minerals raised $1.765 million through placement and entitlement offer.
  • Exploration planning for Laverton Downs and Nexus Projects continued, with no substantive on-ground activities.
  • Financials show cash equivalents at $135,000 by year-end.
  • Exploration expenditures were $41,400; related party payments totaled $122,000.
  • An additional $1.649 million was raised post-quarter through entitlement offer and top-up placement.
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.