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S2 Resources Limited (ASX:S2R)

ALERT: Price-sensitive ASX Announcement for S2R
Current share price for S2R : $0.070 -0.005 (-6.67%)+
Announcement
Release
27 Jul 2026 8:23AM
Price at Release
$0.075
Full Release
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Summary
S2 Resources Ltd's quarterly activities report for the period ending 30 June 2026 highlights a net cash outflow from operating activities of $1,138,000, with the company holding $18,571,000 in cash and cash equivalents at the end of the quarter. The estimated funding availability is calculated to cover 16.32 quarters based on current cash outflows. The company reports no outstanding loan or credit facilities. Total payments to related entities, particularly for director-related expenses, amounted to $128,000. There were minor adjustments in the tenement holdings, including some relinquishments in specific regions of New South Wales and Western Australia.
Key Points
  • Net cash used in operating activities was $1,138,000 for the quarter.
  • Cash and cash equivalents at the end of the quarter were $18,571,000.
  • Estimated quarters of funding available is 16.32.
  • No loan or credit standby facilities were in place at the end of the quarter.
  • Payments to related parties and their associates totaled $128,000 for the quarter, primarily for director salaries and fees.
  • No significant changes in tenement holdings, with some minor relinquishments in New South Wales and Western Australia.
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.