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Infinity Mining Limited (ASX:IMI)

ALERT: Price-sensitive ASX Announcement for IMI
Current share price for IMI : $0.007 -0.001 (-12.50%)+
Announcement
Release
30 Jul 2026 8:29AM
Price at Release
$0.008
Full Release
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Summary
Infinity Mining Limited, an Australian mining exploration entity, has published its Appendix 5B quarterly report for the period ending 30 June 2026. The report reveals a net cash outflow from operating activities amounting to AUD 105,000 primarily due to expenses in exploration, staff, and administration. The company made investments in exploration and evaluation totaling AUD 90,000, while disposing of investments added AUD 192,000 to its funds, leading to a net cash inflow from investing activities of AUD 102,000. Financing activities resulted in a cash outflow of AUD 8,000 due to the repayment of director loans. Cash equivalents at the end of the quarter stood at AUD 371,000, with an estimated 1.91 quarters of funding available. Infinity Mining is exploring options to manage and potentially increase its funding through divesting non-core assets and entering new joint ventures.
Key Points
  • Cash outflow from operations: AUD 105,000
  • Investment in exploration and evaluation: AUD 90,000
  • Investment disposal proceeds: AUD 192,000
  • Net cash inflow from investing: AUD 102,000
  • Net cash outflow from financing: AUD 8,000
  • Cash equivalents at quarter end: AUD 371,000
  • Estimated 1.91 quarters of funding available
  • Exploring divestment and joint venture options
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.