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Pivotal Metals Limited (ASX:PVT)

ALERT: Price-sensitive ASX Announcement for PVT
Current share price for PVT : $0.018 0.004 (24.14%)+
Announcement
Release
30 Apr 2026 9:30AM
Price at Release
$0.015
Full Release
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Summary
Pivotal Metals Limited released its quarterly activities report and Appendix 5B cash flow report for the quarter ended 31 March 2026. The report details various cash flow components including operating, investing, and financing activities. Key highlights include net cash used in operating activities amounting to ($472,000) for the current quarter and ($1,097,000) year to date. The primary expenditures were on staff costs and administration and corporate costs, totaling ($381,000) for the quarter. Investing activities involved a significant outlay on exploration and evaluation of ($487,000), resulting in net cash used in investing activities of ($499,000) for the quarter. In terms of financing, the company raised $5,387,000 from the proceeds of equity securities, which contributed significantly to the cash inflows. The overall cash and cash equivalents at the end of the period stood at $4,481,000, indicating a net decrease during the period.
Key Points
  • Net cash used in operating activities: ($472,000) for the quarter
  • Primary operating expenditures: staff costs ($120,000) and admin costs ($381,000)
  • Investing activities focused on exploration and evaluation spending ($487,000)
  • Net cash used in investing activities: ($499,000) for the quarter
  • Financing activities raised $5,387,000 from equity securities
  • Cash and cash equivalents at end of period: $4,481,000
  • Overall cash position decrease for 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.