Everlast Minerals Ltd. (ASX:EV8)

ALERT: Price-sensitive ASX Announcement for EV8

Current share price for EV8 : $0.410 -0.03 (-6.82%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

31 Jul 2026 10:58AM

Price at Release

$0.440

Full Release

Summary

During the quarter ended 30 June 2026, Everlast Minerals Ltd made significant progress in its mineral sands projects in Bangladesh. The company successfully completed its first export shipment of 109 tonnes of mineral sands concentrates from the Gaibandha Project, establishing an export pathway to China and marking a step towards trial-commercial production. New modular mining and processing equipment was delivered to Bangladesh, expected to enhance production capacity and efficiency. Financially, Everlast reported operating cash outflows of $411,000, with cash and cash equivalents totaling $3.3 million at the end of the quarter. The quarterly activities report highlights the company's focus on scaling production and engaging with international markets to leverage successful maiden shipments.

Key Points

First export shipment of 109 tonnes of mineral sands from Gaibandha Project completed.
Introduction of new modular mining and processing equipment in Bangladesh.
Expected increase in production capacity and operational efficiency.
Successful establishment of export pathway to China.
Operating cash outflows reported at $411,000.
Cash and cash equivalents at $3.3 million as of 30 June 2026.
Focus on scaling production and market engagement.

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.