InvestSMART

Price-sensitive announcement not found.

E79 Gold Mines Limited (ASX:E79)

ALERT: Price-sensitive ASX Announcement for E79
Current share price for E79 : $0.026 -0.003 (-10.34%)+
Announcement
Release
29 Apr 2026 1:01PM
Price at Release
$0.029
Full Release
download
Summary
E79 Gold Mines Limited, in its quarterly cash flow report for the period ending 31 March 2026, highlighted a net cash outflow from operating activities of $677,000, with investing activities also contributing to a cash outflow of $53,000 due to expenses related to the acquisition of Cue Metals Pty Ltd. No financing activities were reported for this quarter. By the end of the quarter, the company's cash and cash equivalents stood at $2,848,000. Payments to related parties totaled $47,000, and the company anticipates having 4.2 quarters of funding available based on its current cash flow structure.
Key Points
  • E79 Gold Mines Limited reported a net cash outflow of $677,000 from operating activities for the quarter ending 31 March 2026.
  • Investing activities resulted in a net cash outflow of $53,000, primarily due to payments related to the acquisition of Cue Metals Pty Ltd.
  • The company had no proceeds from financing activities during the quarter.
  • Cash and cash equivalents at the end of the quarter were $2,848,000.
  • The report includes payments to related parties amounting to $47,000.
  • E79 Gold Mines Limited expects to have approximately 4.2 quarters of funding available based on current cash outflows.
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.