Eclipse Metals Ltd (ASX:EPM)

ALERT: Price-sensitive ASX Announcement for EPM

Current share price for EPM : $0.015 0.001 (7.14%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

31 Jul 2026 9:26AM

Price at Release

$0.014

Full Release

Summary

Eclipse Metals Ltd released a quarterly activities report and appendix 5B cash flow report for the quarter ended 30 June 2026. The company reported net cash used in operating activities of AUD 895,000 and cash equivalents at the end of the period amounting to AUD 4,051,000. During the quarter, there were no significant cash flows from investing activities, but the company raised AUD 5,924,000 from financing activities. The report highlighted the advancement of the Grønnedal REE and Ivigtût polymetallic projects in Greenland, with significant exploration results confirming high-grade critical minerals including fluorite, gallium, and hafnium. Post-quarter activities included the initiation of a maiden mineral resource estimate for the Ivigtût project and ongoing metallurgical work. The company plans further exploration and drilling activities, pending logistical arrangements and necessary approvals.

Key Points

Quarterly activities and Appendix 5B cash flow report for the period ending 30 June 2026.
Net cash used in operating activities: AUD 895,000.
Cash and cash equivalents at the end of the period: AUD 4,051,000.
No significant cash flow from investing activities.
Raised AUD 5,924,000 from financing activities.
Advancements in Grønnedal REE and Ivigtût polymetallic projects in Greenland.
Significant exploration results indicating high-grade critical minerals.
Post-quarter initiation of a maiden mineral resource estimate for Ivigtût.
Continued metallurgical work and planning for further exploration.

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.