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E79 Gold Mines Limited (ASX:E79)

ALERT: Price-sensitive ASX Announcement for E79
Current share price for E79 : $0.030 0.005 (20%)+
Announcement
Release
30 Jul 2026 12:53PM
Price at Release
$0.025
Full Release
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Summary
The quarterly cashflow report for E79 Gold Mines Limited for the quarter ending June 30, 2026, presents a detailed account of the company's financial activities. The report outlines cash flows from operating, investing, and financing activities. Operating activities included receipts mostly from GST and costs reimbursements, with net cash used amounting to $401,000. Investing activities saw a net cash outflow of $200,000 primarily related to payments for Cue Metals Pty Ltd and tenement options. Financing activities generated a net cash inflow of $2,930,000, mainly from equity securities issuance. The report concludes with a cash balance of $2,447,000 at the quarter's end, with an estimated funding period of approximately 6.1 quarters based on current cash outflows. General compliance with Australian Accounting Standards and ASX Listing Rules is maintained.
Key Points
  • Net cash used in operating activities amounted to $401,000.
  • Investing activities had a net cash outflow of $200,000.
  • Financing activities resulted in a net inflow of $2,930,000.
  • Cash balance at the end of the quarter was $2,447,000.
  • Estimated funding available for 6.1 quarters based on cash outflows.
  • Compliance with Australian Accounting Standards and ASX Listing Rules.
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.