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Kaili Resources Limited (ASX:KLR)

ALERT: Price-sensitive ASX Announcement for KLR
Current share price for KLR : $0.063 -0.037 (-37%)+
Announcement
Release
30 Apr 2026 2:15PM
Price at Release
$0.100
Full Release
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Summary
Kaili Resources Limited's Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ending 31 March 2026 highlights the company's exploration activities focused on rare earth elements (REEs) in South Australia. The company holds 100% interest in three tenements, namely Lameroo, Karte, and Coodalya, covering a total area of 1,989 km2. The report details ongoing drilling campaigns which have identified promising areas for further exploration within these tenements. Financially, the company reported net cash inflows from financing activities amounting to $475,000, while operating and investing activities resulted in net cash outflows of $73,000 and $74,000 respectively. At the end of the quarter, the company had cash and cash equivalents of $344,000, with available funding estimated to sustain operations for 9.59 quarters. Exploration expenditure for the quarter totaled $67,000.
Key Points
  • Focus on rare earth elements exploration in South Australia.
  • 100% interest in three tenements: Lameroo, Karte, and Coodalya.
  • Net cash inflow from financing activities of $475,000.
  • Net cash outflows from operating and investing activities were $73,000 and $74,000 respectively.
  • Cash and cash equivalents at the quarter-end were $344,000.
  • Estimated funding available for 9.59 quarters.
  • Exploration expenditure for the quarter was $67,000.
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.