Loyal Metals Ltd (ASX:LLM)

ALERT: Price-sensitive ASX Announcement for LLM

Current share price for LLM : $0.435 0.13 (42.62%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

29 Jan 2026 9:22AM

Price at Release

$0.305

Full Release

Summary

Loyal Metals Ltd (ASX: LLM) has released its Quarterly Activities Report and Appendix 5B Cash Flow Report for the quarter ending 31 December 2025. The company highlighted its binding option agreement to acquire the Highway Reward Copper Gold Mine in Queensland, which is noted for its high-grade copper production. Loyal Metals completed a $3.5 million placement, and the company has verified significant copper-gold mineralization at the mine. Financially, the quarter saw a net cash outflow from operating activities of $1.791 million, with total available funding at $6.11 million. The company continues exploration activities with a focus on creating shareholder value through systematic project exploration.

Key Points

Secured a binding option to acquire Highway Reward Copper Gold Mine.
Completed a $3.5 million share placement.
Verified significant unmined copper-gold mineralization.
Net cash outflow from operations was $1.791 million.
Total funding available at quarter-end was $6.11 million.

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.