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Centaurus Metals Limited (ASX:CTM)

ALERT: Price-sensitive ASX Announcement for CTM
Current share price for CTM : $0.560 0.12 (27.27%)+
Announcement
Release
29 Jul 2026 9:23AM
Price at Release
$0.440
Full Release
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Summary
Centaurus Metals Limited reports on the progress of their Jaguar Nickel Sulphide Project in Brazil and the Boi Novo Copper-Gold Project. The Jaguar project has received significant interest for debt financing, with non-binding offers totaling up to US$320 million. This financing will support the Final Investment Decision due by the end of Q3 2026. The project has seen advancements in engineering and procurement, while the Pará State has approved a state-based tax incentive. The Boi Novo project continues to show promise with new copper-in-soil anomalies and successful metallurgical testing. The company ended the quarter with A$17.5 million in cash. The report also covers corporate activities, including cash flows from operations, investments, and financing, and details payments to related parties.
Key Points
  • Jaguar Nickel Sulphide Project progress with engineering and procurement advancements.
  • Non-binding debt financing offers up to US$320 million received.
  • State-based tax incentive granted by Pará State for Jaguar Project.
  • Boi Novo Copper-Gold Project identifies new copper-in-soil anomalies.
  • Successful metallurgical testing at Boi Novo achieving high-quality copper-gold concentrate.
  • Cash reserves of A$17.5 million as at 30 June 2026.
  • Quarterly cash flow report details operational, investment, and financing activities.
  • Payments to related parties including directors' fees and legal services.
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.