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Culpeo Minerals Limited (ASX:CPO)

ALERT: Price-sensitive ASX Announcement for CPO
Current share price for CPO : $0.010 -0.001 (-9.09%)+
Announcement
Release
29 Apr 2026 9:12AM
Price at Release
$0.011
Full Release
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Summary
Culpeo Minerals Limited released its quarterly cash flow report for the period ending 31 March 2026. The report details cash flows from operating, investing, and financing activities. During the quarter, the company had significant cash outflows related to exploration, evaluation, and administration costs, resulting in a net cash outflow from operating activities of AUD 290,000. Investing activities saw cash used for tenement acquisition fees and exploration with a net outflow of AUD 437,000. The company raised AUD 1,563,000 from equity securities issuance with transaction costs of AUD 84,000. At the end of the quarter, Culpeo had cash and cash equivalents totaling AUD 2,752,000, with an estimated six quarters of funding available based on current cash reserves and net outgoings.
Key Points
  • Quarter ended 31 March 2026.
  • Net cash used in operating activities was AUD 290,000.
  • Payments for exploration and evaluation led to investing cash outflows of AUD 437,000.
  • Equity securities issuance raised AUD 1,563,000.
  • Company had AUD 2,752,000 in cash at quarter end.
  • Estimated six quarters of funding available.
  • Significant costs were associated with exploration and administrative expenses.
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.