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Surefire Resources NL (ASX:SRN)

ALERT: Price-sensitive ASX Announcement for SRN
Current share price for SRN : $0.016 -0.005 (-23.81%)+
Announcement
Release
29 Jul 2026 4:00PM
Price at Release
$0.021
Full Release
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Summary
Surefire Resources NL has released its quarterly cash flow and activities report for the period ending 30 June 2026. The report includes significant updates on various exploration projects and financial activities. The company reported negative net cash flow from operating activities, amounting to $311,000 for the quarter due to expenses in exploration and evaluation, staff, and administration costs. However, the company raised $580,000 through borrowings, contributing to a net increase in cash for the quarter. Key exploration updates include agreements for metallurgical test work with Australian Flow Batteries from the Victory Bore Project and continued exploration at the Yidby Gold Project. The company is also progressing technical reviews and potential development pathways for its vanadium, titanium, and iron resources at Victory Bore.
Key Points
  • Negative net cash from operating activities of $311,000 for the quarter.
  • Raised $580,000 from borrowings contributing to cash increase.
  • Agreement with Australian Flow Batteries for Victory Bore Project.
  • Continued exploration and positive assay results at Yidby Gold Project.
  • Progress in technical reviews for vanadium, titanium, and iron resources.
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.