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Evolution Energy Minerals Limited (ASX:EV1)

ALERT: Price-sensitive ASX Announcement for EV1
Current share price for EV1 : $0.010 0 (0%)+
Announcement
Release
23 Jul 2026 2:37PM
Price at Release
$0.010
Full Release
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Summary
The document is a quarterly cash flow report (Appendix 5B) for Evolution Energy Minerals Ltd for the quarter ending 30 June 2026. The report details cash flows from operating, investing, and financing activities. During the quarter, the company had a net cash outflow of $631,000 from operating activities, primarily due to payments for exploration, evaluation, and administrative costs. There were no significant cash flows from investing activities, and the company raised $5,934,000 through financing activities, primarily from the issuance of equity securities. The cash and cash equivalents at the end of the period were $2,861,000. The report also indicates that the company has estimated funding available for approximately 4.53 quarters based on current cash flow projections.
Key Points
  • Net cash outflow of $631,000 from operating activities.
  • Significant cash flow from financing activities, raising $5,934,000.
  • Cash and cash equivalents at the end of the period were $2,861,000.
  • Estimated funding available for approximately 4.53 quarters.
  • Payments included exploration, evaluation, and administrative costs.
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.