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Carbine Resources Limited (ASX:CRB)

ALERT: Price-sensitive ASX Announcement for CRB
Current share price for CRB : $0.012 0.006 (100%)+
Announcement
Release
30 Jan 2026 6:23PM
Price at Release
$0.006
Full Release
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Summary
Carbine Resources Limited reported on its quarterly activities and cash flow for the quarter ending 31 December 2025. The company experienced a net cash outflow of $145,000 from operating activities, with no cash used for investing purposes. Financing activities saw a small outflow due to transaction costs, leaving the company with $1.474 million in cash at the quarter's end. Payments to related parties, amounting to $73,000, were attributed to various fees. The Muchea West Silica Sand Project and the Down South Silica Sand Project are key areas of activity, with ongoing exploration and development efforts. The company remains well-funded to continue its operations.
Key Points
  • Carbine Resources Limited ended the quarter on 31 December 2025.
  • The company reported a net cash outflow of $145,000 from operating activities in the current quarter.
  • No cash was used for investing activities.
  • Financing activities resulted in a cash outflow of $2,000 for transaction costs related to equity securities.
  • Cash and cash equivalents at the end of the quarter were $1.474 million.
  • Payments to related parties totaled $73,000 for director, consulting, and secretarial fees.
  • The Muchea West Silica Sand Project hosts a resource of 110Mt at 99.65% SiO2.
  • The Down South Silica Sand Project encompasses 58km2 and involves ongoing exploration activities.
  • The company is well-funded with over $1.4 million in cash.
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.