Tartana Minerals Limited (ASX:TAT)

ALERT: Price-sensitive ASX Announcement for TAT

Current share price for TAT : $0.019 -0.002 (-9.52%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

30 Apr 2026 4:32PM

Price at Release

$0.021

Full Release

Summary

Tartana Minerals Limited reported a net cash outflow of $665,000 from operating activities for the current quarter ending 31 March 2026. The company invested $155,000 in property, plant, and equipment, and $31,000 in exploration and evaluation. The net cash used in investing activities was $206,000, while $1,164,000 was generated from financing activities. Ending cash and equivalents stood at $304,000. Additionally, the company is aiming to raise further cash through a $4.5 million placement, of which $0.970 million was completed this quarter. Operational disruptions due to weather impacted customer receipts, but these are expected to resume soon. The company maintains confidence in continuing operations based on previous capital raising successes. Payments to related parties totaled $188,000. Tartana Minerals is also amending its Environmental Approval, including tailings dam design.

Key Points

Tartana Minerals Limited has reported a net cash outflow from operating activities amounting to $665,000 for the current quarter.
The company has made payments totaling $155,000 for property, plant, and equipment and $31,000 for exploration and evaluation.
Net cash used in investing activities was $206,000, while net cash provided by financing activities was $1,164,000 for the quarter.
Cash and cash equivalents at the end of the period amounted to $304,000.
The company has undertaken steps to raise further cash, including a $4.5 million placement, with $0.970 million completed during the quarter.
Due to weather conditions affecting their Copper Sulphate plant, receipts from customers were nil for the quarter, but operations are expected to resume next week.
The company is confident in its ability to continue operations and meet business objectives, citing past success in raising capital.
Payments of $188,000 were made to related parties during the quarter.
Tartana Minerals Limited is preparing an amendment to its Environmental Approval for its mining leases, which includes the design of a tailings dam.

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.