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Cadoux Limited (ASX:CCM)

ALERT: Price-sensitive ASX Announcement for CCM
Current share price for CCM : $0.022 -0.001 (-4.35%)+
Announcement
Release
31 Jul 2026 8:30AM
Price at Release
$0.023
Full Release
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Summary
Cadoux Limited reported its quarterly activities and cash flow for the period ending 30 June 2026, highlighting a net cash outflow from operations and investing activities, while raising substantial funds through equity. The company continued its exploration efforts, notably completing a maiden drilling program at the Wimmera Mineral Sands project, and maintained a focus on environmental social governance (ESG) initiatives. As of the end of the quarter, the cash position of Cadoux Limited improved, showing a strong financial position to support ongoing and future projects.
Key Points
  • Cadoux Limited's quarterly cash flow report for the period ending 30 June 2026.
  • Consolidated net cash used in operating activities was $673,000 for the quarter.
  • Investing activities resulted in a net cash outflow of $7,000.
  • Financing activities generated net cash inflow of $2,018,000, primarily from equity securities.
  • The company's cash and cash equivalents increased to $3,313,000 by the end of the quarter.
  • Cadoux Limited completed a maiden drilling program at the Wimmera Mineral Sands project.
  • The company raised $2,590,000 through a share placement during this quarter.
  • Cadoux Limited is progressing with ESG initiatives, focusing on environmental responsibility and stakeholder engagement.
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.