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Rincon Resources Limited (ASX:RCR)

ALERT: Price-sensitive ASX Announcement for RCR
Current share price for RCR : $0.015 0.002 (15.38%)+
Announcement
Release
31 Jul 2026 8:45AM
Price at Release
$0.013
Full Release
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Summary
Rincon Resources Limited's quarterly activities report for the period ending 30 June 2026 outlines several key developments and financial activities. The company focused on preparations for drilling at the Crackerbox Gold Project and completed a key joint venture on the West Arunta Project with Maverick Minerals. Financially, the company reported a net cash inflow from financing activities but a net outflow from both operating and investing activities, leading to an overall increase in cash equivalents. Payments to related parties included director remunerations, and the report highlights the company's financial position with a cash balance of AUD 3.3 million at the end of the quarter.
Key Points
  • Completion of transfer of titles for Crackerbox Gold Project.
  • Preparation for drilling at Crackerbox Gold Project.
  • Joint venture agreement with Maverick Minerals for West Arunta Project.
  • Net cash inflow from financing activities: AUD 1.623 million.
  • Net cash outflow from operating and investing activities.
  • Cash balance at the end of the quarter: AUD 3.306 million.
  • Payments to related parties totaled approximately AUD 105,000.
  • Exploration expenditure during the quarter amounted to approximately AUD 332,000.
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.