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Codrus Minerals Limited (ASX:CDR)

ALERT: Price-sensitive ASX Announcement for CDR
Current share price for CDR : $0.021 -0.007 (-25%)+
Announcement
Release
30 Apr 2026 9:30AM
Price at Release
$0.028
Full Release
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Summary
Codrus Minerals Limited reported its quarterly activities and cash flow for the period ending 31 March 2026. The company experienced net cash outflows from operating activities primarily due to exploration and evaluation expenses and administration costs. In terms of investing activities, there were proceeds from the disposal of tenements and investments, contributing to a positive net cash flow. There were no changes in financing activities during the quarter. The company ended the quarter with $324,000 in cash and cash equivalents. Payments to related parties totaled $65,000 primarily for directors' fees, salaries, and superannuation. Codrus continues to advance its exploration projects, with details on tenement holdings and acquisitions provided in the report.
Key Points
  • Net cash outflow from operating activities was $165,000.
  • Investing activities resulted in a net cash inflow of $149,000.
  • No changes in financing activities.
  • Cash and cash equivalents at the end of the period were $324,000.
  • Payments to directors and related parties amounted to $65,000.
  • Ongoing exploration and evaluation activities detailed.
  • Tenement holdings and changes reported.
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.