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Austin Metals Limited (ASX:AYT)

ALERT: Price-sensitive ASX Announcement for AYT
Current share price for AYT : $0.004 0.001 (16.67%)+
Announcement
Release
30 Apr 2026 9:32AM
Price at Release
$0.003
Full Release
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Summary
Austin Metals Limited released its quarterly activities report and Appendix 5B for the quarter ending March 31, 2026. The report highlights cash flows from operating, investing, and financing activities. The company reported net cash used in operating activities at $194,000, with significant expenses in exploration and evaluation. Investing activities saw an outflow of $188,000, primarily for exploration and evaluation. Financing activities resulted in a net inflow of $981,000 from equity issues. The report also outlines the completion of a high-resolution magnetic survey to support exploration at the Old Granites and Four Shafts prospects, as well as corporate updates including a change in company secretary. The company has an estimated 7.31 quarters of funding available based on current cash reserves and expenditure rates.
Key Points
  • Net cash used in operating activities: $194,000
  • Investing activities cash outflow: $188,000
  • Financing activities net inflow: $981,000
  • Completion of high-resolution magnetic survey
  • Corporate changes including new company secretary
  • Estimated 7.31 quarters of funding available
  • Exploration focus on Old Granites and Four Shafts
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.