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North Stawell Minerals Ltd (ASX:NSM)

ALERT: Price-sensitive ASX Announcement for NSM
Current share price for NSM : $0.019 -0.002 (-9.52%)+
Announcement
Release
31 Jul 2026 2:37PM
Price at Release
$0.021
Full Release
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Summary
North Stawell Minerals Ltd reported a cash outflow from operating activities of $203.8k during the June 2026 quarter. The company's total cash outflow for exploration and evaluation was $533.5k, leading to an ending cash balance of $702k. The company anticipates a reduction in expenditure for the next quarter and plans to align exploration activities with landholder cropping schedules and weather conditions. Capital raising is expected to be executed as required to fund ongoing exploration programs. No borrowings were utilized, and no financing facilities were drawn down during the quarter.
Key Points
  • Operating cash outflow of $203.8k for the quarter
  • Total cash outflow of $533.5k for exploration and evaluation
  • Cash and cash equivalents at the end of the quarter stood at $702k
  • Company anticipates reduced expenditure next quarter
  • Capital raising will be conducted as needed to fund exploration
  • No borrowings or financing facilities used during the quarter
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.