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C29 Metals Limited (ASX:C29)

ALERT: Price-sensitive ASX Announcement for C29
Current share price for C29 : $0.011 -0.019 (-63.33%)+
Announcement
Release
30 Jan 2026 10:34AM
Price at Release
$0.030
Full Release
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Summary
C29 Metals Limited, an Australian exploration company, reported its quarterly activities and financials for the period ended 31 December 2025. The company focused on administrative tasks and planning for drilling at the Sampsons Tank Copper project in New South Wales. It is also exploring new acquisition opportunities globally to diversify its portfolio. The cash flow report indicated a net decrease in cash and cash equivalents, ending the quarter with $211,000. The company entered a convertible loan agreement with a director for $150,000 to support operations, with plans to raise further capital based on previous success. Payments to related parties, primarily director fees, amounted to $136,000.
Key Points
  • Focused on administrative tasks and planning for Sampsons Tank Copper project.
  • Exploring new acquisition opportunities globally.
  • Ended the quarter with $211,000 cash.
  • Entered a $150,000 convertible loan agreement with a director.
  • Plans to raise further capital based on past success.
  • Payments to related parties totaled $136,000.
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.