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Emperor Energy Limited (ASX:EMP)

ALERT: Price-sensitive ASX Announcement for EMP
Current share price for EMP : $0.091 -0.029 (-24.17%)+
Announcement
Release
30 Apr 2026 3:56PM
Price at Release
$0.120
Full Release
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Summary
Emperor Energy Limited's quarterly report for the period ending 31 March 2026 highlights several financial and operational updates. The company reported a cash balance of $17.1 million and incurred exploration costs of $2.162 million for the quarter. Notably, Emperor Energy secured firm commitments to raise approximately $17.5 million via a placement of new shares. The report also details the company's progress in its Judith-2 Appraisal Well project, including well design and planning, as well as strategic funding negotiations. Emperor Energy did not acquire, dispose of, or change any beneficial interest in its tenements during the quarter. The Appendix 5B cash flow report outlines net cash inflows from financing activities and expenditures on exploration and evaluation.
Key Points
  • Cash balance at end of March 2026 was $17.1M
  • Exploration costs for the quarter were $2.162M
  • Raised $17.5M through a share placement
  • Progress on Judith-2 Appraisal Well planning and funding
  • No acquisition or disposal of tenements during the quarter
  • Net cash inflow from financing activities
  • Expenditures on exploration and evaluation detailed
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.