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nanollose Limited (ASX:NC6)

ALERT: Price-sensitive ASX Announcement for NC6
Current share price for NC6 : $0.072 0.017 (30.91%)+
Announcement
Release
31 Oct 2025 8:11AM
Price at Release
$0.055
Full Release
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Summary
Nanollose Limited (ASX: NC6) released its Quarterly Activities and Appendix 4C Cash Flow Report for the quarter ended 30 September 2025. The company reported a net cash outflow from operating activities of $532,000, with a closing cash balance of $341,000. Key expenditures included research and development, advertising, and staff costs. The company received $262,000 from financing activities, mainly from equity securities issues. Nanollose progressed in developing its Nullarbor™ forest-friendly lyocell fibre in collaboration with Birla Cellulose, achieving significant milestones including a successful pilot production spin. Funding strategies include the exercise of options from major shareholders to support ongoing operations and commercialisation plans for its innovative biomaterials.
Key Points
  • Nanollose ended the quarter with a cash balance of $341,000.
  • Net cash used in operating activities was $532,000.
  • Cash inflows of $262,000 were primarily from equity security issues.
  • Research and development expenditure during the quarter was $216,000.
  • The company is working with Birla Cellulose on the Nullarbor™ lyocell fibre.
  • Nanollose anticipates continued cash flow levels and is securing additional funding.
  • Fiftyone Capital is a strategic investor, aiding in option conversions for financing.
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.