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Fin Resources Limited (ASX:FIN)

ALERT: Price-sensitive ASX Announcement for FIN
Current share price for FIN : $0.005 0 (0%)+
Announcement
Release
31 Jul 2026 3:54PM
Price at Release
$0.005
Full Release
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Summary
FIN Resources Limited's quarterly report for the period ending 30 June 2026 highlights key changes in its board, with Mark Freeman joining as Non-Executive Director and Bruce McFadzean transitioning to Non-Executive Chairman. Financially, the company ended the quarter with A$743k in cash, having spent A$1.7m on exploration, focused on the Cabin Lake Gold Project in Canada. Payments for administration and corporate costs were A$177k, with A$53k paid to related parties. The report confirms no expenditure on mining production or development activities, maintaining full ownership of the Cabin Lake Project, a significant gold mineralization site in a proven gold-producing region.
Key Points
  • Mark Freeman was appointed as a Non-Executive Director.
  • Bruce McFadzean transitioned to Non-Executive Chairman.
  • Jason Bontempo resigned as Director.
  • Quarterly cashflow report shows A$743k cash at the end of June 2026.
  • Exploration expenditure was A$1.7m mainly for Cabin Lake Project.
  • Administration and corporate costs were A$177k.
  • Payments to related parties amounted to A$53k.
  • No mining production and development expenditure for the quarter.
  • FIN Resources Limited owns 100% interest in Cabin Lake Gold Project.
  • Cabin Lake Project hosts gold mineralization in Canada's Northwest Territories.
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.