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GWR Group Limited (ASX:GWR)

ALERT: Price-sensitive ASX Announcement for GWR
Current share price for GWR : $0.100 -0.02 (-16.67%)+
Announcement
Release
29 Apr 2026 4:53PM
Price at Release
$0.120
Full Release
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Summary
GWR Group Limited, an independent Australian resource company, reported its Quarterly Activities and Appendix 5B Cash Flow for the quarter ended 31 March 2026. The company holds significant cash reserves totaling $36.9 million, with investments in ASX-listed entities such as Tungsten Mining NL and EMetals Limited. GWR maintains a strategic investment in the tungsten market, supporting projects like the Watershed Project. They continued due diligence for potential opportunities and hold interests in the Prospect Ridge Magnesite Project. GWR also retains royalty interests in the Wiluna West Iron Ore and Gold Duke projects. The company engaged with Gold Valley and the Western Australian Government to secure tenement transfers, remaining liable for state royalties pending legal ownership transfers.
Key Points
  • GWR ended the quarter with $36.9 million in cash and term deposits.
  • Held significant investments in Tungsten Mining NL and EMetals Limited.
  • Focused on the tungsten market and strategic critical minerals.
  • Continued due diligence on potential new project opportunities.
  • Holds royalty interests in Wiluna West Iron Ore and Gold Duke projects.
  • Engaged with Gold Valley and WA Government for tenement transfers.
  • Retains liability for state royalties for Wiluna West project.
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.