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Perpetual Resources Limited (ASX:PEC)

ALERT: Price-sensitive ASX Announcement for PEC
Current share price for PEC : $0.013 -0.001 (-7.14%)+
Announcement
Release
29 Jul 2026 3:55PM
Price at Release
$0.014
Full Release
download
Summary
Perpetual Resources Limited reported on their quarterly activities and financial status as of 30 June 2026. During this quarter, the company acquired a 100% interest in the Nevada Scheelite Tungsten Project in Nevada, USA, marking a significant expansion in their critical minerals portfolio. The cash at the end of the quarter was approximately $2.34 million, with major cash inflows from equity securities issuance amounting to $2.5 million. The company focused on exploration and strategic spending, including relinquishing certain tenements in Brazil. Operating activities showed a cash outflow of $460,000, and investing activities had a net outflow of $201,000 primarily due to exploration and tenement acquisition costs. There were no mining production activities reported for the quarter.
Key Points
  • Acquisition of 100% interest in Nevada Scheelite Tungsten Project, USA.
  • Quarter ended 30 June 2026 with $2.34 million cash.
  • Equity securities issuance raised $2.5 million.
  • Net cash outflow of $460,000 from operating activities.
  • Net investing cash outflow of $201,000.
  • Relinquishment of certain Brazilian tenements.
  • No mining production activities reported.
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.