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Discovery Alaska Limited (ASX:DAF)

ALERT: Price-sensitive ASX Announcement for DAF
Current share price for DAF : $0.010 0 (0%)+
Announcement
Release
23 Jul 2026 8:20AM
Price at Release
$0.010
Full Release
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Summary
Discovery Alaska Limited's quarterly cash flow report for the period ended 30 June 2026, indicates a net cash outflow from operating activities of A$11,000 for the quarter, accumulating to A$255,000 year-to-date. The company did not generate significant cash inflow from investing activities, while financing activities contributed an inflow of A$336,000, largely from equity issues. By the end of the period, the company held A$316,000 in cash and cash equivalents. Estimated quarters of funding available stand at 28.72 under current conditions. The report confirms adherence to ASX Listing Rule 19.11A and is aligned with Australian Accounting Standards.
Key Points
  • Net cash used in operating activities was A$11,000 for the quarter, resulting in a year-to-date figure of A$255,000.
  • There were no significant cash inflows from investing activities during the quarter.
  • Financing activities resulted in net cash inflows of A$336,000 year-to-date, primarily from equity issues.
  • Cash and cash equivalents at the end of the period were A$316,000.
  • Payments to related parties included director’s remuneration accrued but not paid in the quarter.
  • The company had no loan facilities or credit standby arrangements at the end of the quarter.
  • Estimated quarters of funding available is 28.72 based on current cash and cash equivalents.
  • The report complies with ASX Listing Rule 19.11A and is prepared in accordance with Australian Accounting Standards.
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.