VRX Silica Limited (ASX:VRX)

The document is a Quarterly Activities and Appendix 5B Cash Flow Report for VRX Silica Limited, focusing on operations during the quarter ending on 30 June 2026. It details the financial activities including cash flows from operating, investing, and financing activities. VRX Silica reported net cash used in operating activities as $974,000, reflecting payments for staff costs and administration. In investing activities, they spent $305,000 on exploration and evaluation. Financing activities generated net cash of $2.6 million, primarily from equity issues. The document also outlines the mineral resources and ore reserves at their key projects such as Arrowsmith North and Muchea, with significant reserves of high-grade silica sand. Additionally, regulatory approvals for the Arrowsmith North project are discussed, including environmental and water abstraction licenses. Key developments include an updated Bankable Feasibility Study for Arrowsmith North, addressing capital expenditure, project efficiency, and planning for future production. Changes in leadership are noted with the retirement of Chairman Paul Boyatzis and appointment of Peter Pawlowitsch as Interim Chairman.