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Oakajee Corporation Limited (ASX:OKJ)

ALERT: Price-sensitive ASX Announcement for OKJ
Current share price for OKJ : $0.040 -0.043 (-51.81%)+
Announcement
Release
30 Jan 2026 9:02AM
Price at Release
$0.083
Full Release
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Summary
Oakajee Corporation Limited's quarterly activities report for the period ending 31 December 2025 details ongoing exploration activities at the Paynes Find project in Western Australia. During the quarter, the company completed an Aircore drilling program that led to the identification of a new gold mineralised shear zone. Financially, Oakajee reported a negative cash flow from operating activities of $196,000, with cash and cash equivalents standing at $78,000 by the quarter's end. The company holds investments in listed shares valued at approximately $4.691 million, which could be liquidated to fund operations. No new funding activities have been initiated, but the company is confident in its ability to secure additional working capital through new equity issues if necessary.
Key Points
  • Continued exploration at Paynes Find project in Western Australia.
  • Completed Aircore drilling identified a new gold mineralised shear zone.
  • Negative cash flow from operating activities was $196,000.
  • Cash and cash equivalents at quarter-end were $78,000.
  • Investments in listed shares valued at $4.691 million could fund operations.
  • No new fundraising activities initiated; confident in raising equity if needed.
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.