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Macarthur Minerals Limited (ASX:MIO)

ALERT: Price-sensitive ASX Announcement for MIO
Current share price for MIO : $0.022 -0.004 (-15.38%)+
Announcement
Release
29 Apr 2026 11:09AM
Price at Release
$0.026
Full Release
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Summary
Macarthur Minerals Limited reported its quarterly cash flow for the period ending 31 March 2026, detailing both its financial and cash positions. The company experienced net cash outflows from operating activities amounting to $118,000, while no cash was utilized in investing activities. However, financing activities led to a net cash inflow of $771,000, which contributed to a cash balance of $799,000 by the end of the quarter. Payments to related parties totaled $122,000. The company estimates having sufficient funding for approximately 6.77 quarters, considering its current cash reserves.
Key Points
  • Cash flows in the quarter showed receipts of $102,000 and payments for exploration and evaluation of $41,000.
  • Net cash used in operating activities was $118,000.
  • Financing activities resulted in a net cash inflow of $771,000.
  • Cash and cash equivalents at the end of the quarter were $799,000.
  • Payments to related parties and associates totaled $122,000.
  • No cash was used or generated from investing activities.
  • The company has estimated funding available for approximately 6.77 quarters.
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.