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CuFe Ltd (ASX:CUF)

ALERT: Price-sensitive ASX Announcement for CUF
Current share price for CUF : $0.048 -0.004 (-7.69%)+
Announcement
Release
31 Jul 2026 9:19AM
Price at Release
$0.052
Full Release
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Summary
CuFe Ltd released its quarterly activities and cashflow report for the period ending 30 June 2026. The report highlights a net cash outflow from operating activities of $1.273 million. Significant transactions include a strategic equity placement to Tennant Consolidated Mining Group Pty Ltd, raising $15.3 million, and the appointment of Peter Main as a Non-Executive Director. The company ended the quarter with $19.0 million in cash and cash equivalents. CuFe also reported exploration expenditures of $626,000 and settlements related to previous mining activities totaling $87,000. The tenement schedule and interests in various projects across Australia were detailed, including joint ventures and 100% owned projects.
Key Points
  • Net cash outflow from operating activities was $1.273 million.
  • Strategic equity placement raised $15.3 million.
  • Peter Main appointed as Non-Executive Director.
  • Cash and cash equivalents at quarter end were $19.0 million.
  • Exploration expenditures totaled $626,000.
  • Settlements of $87,000 related to previous mining activities.
  • Detailed schedule of tenements and project interests.
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.