Fulcrum Lithium Ltd (ASX:FUL)

ALERT: Price-sensitive ASX Announcement for FUL

Current share price for FUL : $0.072 -0.001 (-1.37%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

28 Oct 2025 8:43AM

Price at Release

$0.073

Full Release

Summary

Fulcrum Lithium Ltd's Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ending 30 September 2025 highlight significant advancements in the Alkali Flats lithium project in Nevada. Notable results from Phase 2 drilling have confirmed a significant lithium discovery, with mineralised claystones intercepted across multiple drill holes. The company's efforts are focused on enhancing geological models and planning future drilling campaigns. Financially, Fulcrum reported operating cash outflows of $988,000 with a closing cash balance of $5,176,000, indicating 5.24 quarters of funding available. No material changes in financial arrangements were reported.

Key Points

Significant lithium discovery at Alkali Flats project.
Phase 2 drilling results show mineralisation over large areas.
Enhancement of geological models and planning for Phase 3.
Operating cash outflow of $988,000 for the quarter.
Ending cash balance of $5,176,000.
5.24 quarters of funding available.
No new financing facilities entered during the quarter.

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.