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Oakajee Corporation Limited (ASX:OKJ)
ALERT: Price-sensitive ASX Announcement for OKJ
Current share price for OKJ : $0.049 -0.011 (-18.33%)+
Announcement
Release
30 Apr 2026 6:53PM
Price at Release
$0.060
Full Release
Summary
During the quarter ending 31 March 2026, Oakajee Corporation Limited (OKJ) focused on further regional exploration activities at its Paynes Find Gold Project in Western Australia. The company completed an Aircore drilling program, discovering a new gold mineralised shear zone. Financially, the company reported net cash outflows from operating activities and maintained a balance of cash and listed shares valued at $4.221 million. Oakajee expects to continue exploration activities with sufficient funding from its liquid assets and potential equity issues. Additionally, related party payments amounted to $50,585 during the quarter.
Key Points
- Oakajee Corporation continued exploration at Paynes Find project.
- New gold mineralised shear zone discovered.
- Net cash outflow from operations reported.
- Cash and shares valued at $4.221 million.
- Potential funding through equity issues.
- Related party payments totaled $50,585.
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.
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