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Cosmos Exploration Limited (ASX:C1X)

ALERT: Price-sensitive ASX Announcement for C1X
Current share price for C1X : $0.093 0.004 (4.49%)+
Announcement
Release
31 Jul 2026 8:32AM
Price at Release
$0.089
Full Release
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Summary
Cosmos Exploration Limited, trading as ASX:C1X, released their quarterly activities and Appendix 5B cash flow report for the quarter ended 30 June 2026. The company reported a net cash outflow from operating activities amounting to AUD 425,000 and a net cash outflow from investing activities of AUD 58,000. Financing activities contributed a net cash inflow of AUD 450,000, resulting in closing cash and cash equivalents of approximately AUD 3,759,000. The company highlighted its strategic developments, including the merger with EAU Lithium and progress in its Bolivian lithium projects. Cosmos maintains 100% interest in several tenements, with significant focus retained on its Orange East project in New South Wales and Nunavut claims in Canada. The company also discussed the acquisition of a pilot plant to advance its lithium extraction capabilities and continued collaboration with Vulcan Energy. The report emphasizes strategic partnerships and technology advancements aimed at optimizing lithium extraction processes with minimal environmental impact.
Key Points
  • Net cash outflow from operations: AUD 425,000.
  • Net cash outflow from investing: AUD 58,000.
  • Net cash inflow from financing: AUD 450,000.
  • Closing cash balance: AUD 3,759,000.
  • Merger with EAU Lithium completed.
  • Focus on Bolivian lithium projects and Orange East in NSW.
  • Acquisition of pilot plant for lithium extraction.
  • Partnership with Vulcan Energy for extraction technology.
  • Maintains 100% interest in various tenements.
  • Continued strategic and technological advancements in lithium extraction.
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.