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Greenvale Energy Limited (ASX:GRV)

ALERT: Price-sensitive ASX Announcement for GRV
Current share price for GRV : $0.025 -0.012 (-32.43%)+
Announcement
Release
29 Jul 2026 6:22PM
Price at Release
$0.037
Full Release
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Summary
Greenvale Energy Limited has released its quarterly activities and cash flow report for the period ending 30 June 2026. The report highlights significant advancements including the acquisition of uranium rights at the Pine Creek Uranium Project, which establishes a substantial exploration footprint in the Northern Territory. The company commenced its 2026 exploration field season with an airborne survey over the Douglas River Project, and the expansion includes the high-grade Thunderball Uranium Deposit. Financially, the report shows net cash used in operating activities at $396,000 and in investing activities at $485,000. Financing activities provided a net cash inflow of $1,836,000. Greenvale ended the quarter with cash and cash equivalents of $807,000. The company plans further investment in exploration and continues to pursue strategic growth in uranium exploration.
Key Points
  • Binding term sheet executed for Pine Creek Uranium Project acquisition.
  • Commenced 2026 exploration field season with airborne survey.
  • Net cash used in operating activities: $396,000.
  • Net cash used in investing activities: $485,000.
  • Net cash from financing activities: $1,836,000.
  • Cash and cash equivalents at quarter-end: $807,000.
  • Significant growth in Northern Territory uranium exploration footprint.
  • Focus on strategic growth and exploration investments.
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.