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Resource Minerals International Ltd (ASX:RMI)

ALERT: Price-sensitive ASX Announcement for RMI
Current share price for RMI : $0.180 0.152 (542.86%)+
Announcement
Release
29 Jan 2026 10:03AM
Price at Release
$0.028
Full Release
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Summary
Resource Minerals International Ltd (RMI) released its quarterly activities and Appendix 5B cash flow report for the quarter ended 31 December 2025. The report shows that the company continued its exploration activities with significant expenditures on exploration and evaluation, amounting to $426k. The Shaib Marqan project in Saudi Arabia and the Mpanda copper-gold project in Tanzania were key focus areas. Notable progress includes extensive quartz vein exploration and preparations for further drilling. RMI also reported a $1 million placement to support its ongoing projects and operational costs. The company ended the quarter with $557k in cash and has available financing facilities of up to $5 million. Payments to related parties during the quarter amounted to $101k, which covered director fees and consultancy services.
Key Points
  • Operating cash outflows of $198k were reported.
  • Investing activities included $426k spent on exploration and evaluation.
  • A $1 million placement was completed to fund exploration and operational costs.
  • RMI reported a cash balance of $557k at the end of the quarter.
  • Available financing facilities amount to $5 million with RiverFort Global Capital.
  • Exploration efforts focused on the Shaib Marqan project in Saudi Arabia and the Mpanda project in Tanzania.
  • Payments to related parties totaled $101k for director fees and consultancy.
  • RMI plans further drilling in its key projects.
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.