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Tusker Minerals Ltd (ASX:TSK)

ALERT: Price-sensitive ASX Announcement for TSK
Current share price for TSK : $0.071 -0.029 (-29%)+
Announcement
Release
30 Apr 2026 12:42PM
Price at Release
$0.100
Full Release
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Summary
The document is a quarterly cash flow report for Tusker Minerals Limited, covering the period ending 31 March 2026. The report details net cash used in operating activities, highlighting significant expenses due to exploration and evaluation costs. The company's financing activities resulted in a net cash inflow and the cash balance at the end of the period was recorded at $1,348K. Payments to related parties were notable, and the estimated quarters of funding available was approximately 1.60. The document complies with ASX Listing Rules and provides a basis for informing the market about the company's financial activities.
Key Points
  • Tusker Minerals Ltd's quarterly cash flow report for the quarter ended 31 March 2026.
  • Net cash used in operating activities was $210K for the current quarter and $900K year-to-date.
  • Significant expenses included $683K for exploration and evaluation in the current quarter.
  • Proceeds from the disposal of tenements were $50K.
  • Financing activities netted $4,446K year-to-date, with $9K used in the current quarter.
  • The cash balance at the end of the period was $1,348K.
  • Payments to related parties totaled $158K for the current quarter.
  • Estimated funding available covers approximately 1.60 quarters.
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.