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Golden Horse Minerals Limited (ASX:GHM)

ALERT: Price-sensitive ASX Announcement for GHM
Current share price for GHM : $0.415 0.02 (5.06%)+
Announcement
Release
21 Jul 2026 9:01AM
Price at Release
$0.395
Full Release
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Summary
Golden Horse Minerals Limited has released its quarterly cash flow report for the quarter ending 30 June 2026. The company reported a net cash outflow from operating activities of $857,000 and a more substantial outflow from investing activities of $7,854,000, mainly due to exploration and evaluation expenses. The financing activities were relatively inactive, with a modest inflow of $15,000. Starting with $39.3 million in cash, the company ended the quarter with $30.6 million, reflecting an overall decrease in cash and cash equivalents. The report complies with relevant ASX and accounting standards and was approved by the Board of Directors.
Key Points
  • Golden Horse Minerals Limited reported its quarterly cash flow for the period ended 30 June 2026.
  • The company had negative net cash flow from operating activities amounting to $857,000 for the quarter.
  • Investing activities resulted in a net outflow of $7,854,000, primarily due to significant payments for exploration and evaluation totaling $7,792,000.
  • Financing activities showed minimal activity with a net cash inflow of $15,000.
  • The company began the quarter with $39,336,000 in cash and cash equivalents and ended with $30,625,000, marking a decrease of $8,711,000.
  • The cash flow report adheres to the ASX Listing Rules and Australian Accounting Standards.
  • The report was authorized by the Board of Directors on 21 July 2026.
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.