InvestSMART

Freehill Mining Limited (ASX:FHS)

ALERT: Price-sensitive ASX Announcement for FHS
Current share price for FHS : $0.002 0 (0%)+
Announcement
Release
30 Apr 2026 9:56AM
Price at Release
$0.002
Full Release
download
Summary
Freehill Mining Limited's Quarterly Appendix 5B Cash Flow Report for the period ending 31 March 2026 outlines the company's financial activities, including a net cash outflow of $314,000 from operations, driven by receipts from customers and significant expenses in exploration and administration. The company made notable investments, such as acquiring options for mining projects, resulting in a net cash outflow of $420,000 from investing activities. Financing activities, however, provided a net inflow, mainly through equity securities, increasing the cash balance at the period's end to $776,000. The report is prepared in compliance with ASX Listing Rules and provides insights into the company's financial health and future operational capacity.
Key Points
  • Freehill Mining Limited reported a consolidated statement of cash flows for the quarter ending 31 March 2026.
  • The report details cash flows from operating, investing, and financing activities with specific financial figures.
  • There were cash inflows of $730,000 from customer receipts and cash outflows for exploration, production, staff, and administration costs.
  • Net cash used in operating activities was $314,000 for the current quarter.
  • Investing activities included payments for property, plant and equipment, and exploration, with a net cash outflow of $420,000.
  • Freehill Mining announced agreements to acquire the Blanco y Negro Gold Deposit and the Joshua Copper-Gold Project.
  • The company raised $1,500,000 from equity securities and had net cash from financing activities totaling $1,486,000.
  • The cash balance at the end of the quarter was $776,000, up from $26,000 at the beginning.
  • Unused finance facilities at the quarter end totaled $316,000.
  • The report includes compliance and explanations regarding financial practices and reporting standards.
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.