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CZR Resources Ltd (ASX:CZR)

ALERT: Price-sensitive ASX Announcement for CZR
Current share price for CZR : $0.210 -0.005 (-2.33%)+
Announcement
Release
31 Jul 2026 9:31AM
Price at Release
$0.215
Full Release
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Summary
CZR Resources Ltd's Quarterly Activities/Appendix 5B Cash Flow Report for the quarter ending 30 June 2026 details a net cash outflow from operating activities of $1.6 million. Significant financial events include the completion of the Robe Mesa Iron Ore Project sale, yielding proceeds of $74.3 million. Exploration and evaluation activities required $1.4 million in payments. The company ended the period with $13.7 million in cash and cash equivalents, after spending $114,000 on investing activities and reporting no financing activities cash inflow during the quarter.
Key Points
  • CZR Resources Ltd reported a net cash outflow from operating activities of $1.6 million for the quarter ended 30 June 2026.
  • The company completed a significant transaction involving the sale of its interest in the Robe Mesa Iron Ore Project.
  • CZR Resources recorded proceeds of $74.3 million from the sale of tenements during the year-to-date period.
  • Payments related to exploration and evaluation activities totaled $1.4 million.
  • Cash and cash equivalents at the end of the period amounted to $13.7 million.
  • Net cash used in investing activities was $114,000 for the quarter.
  • There was no cash inflow from financing activities during the quarter.
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.