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Xpedra Resources Limited (ASX:XPD)

ALERT: Price-sensitive ASX Announcement for XPD
Current share price for XPD : $0.018 -0.004 (-18.18%)+
Announcement
Release
29 Apr 2026 8:18AM
Price at Release
$0.022
Full Release
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Summary
The quarterly activities report for Xpedra Resources Limited details the financial performance and strategic developments for the quarter ended 31 March 2026. The company incurred a net cash outflow from operating and investing activities, while it raised significant funds through share placements. Cash reserves at the end of the quarter stood at $1,109,000. Major expenditures included exploration activities in gold projects and payments to related parties. The company plans to acquire the Neeld Gold Project, aiming to enhance its portfolio in New South Wales.
Key Points
  • Net cash used in operating activities was $231,000 for the current quarter.
  • Net cash used in investing activities was $300,000 for the current quarter.
  • Net increase in cash from financing activities was $2,064,000 year-to-date.
  • Cash and cash equivalents at the end of the quarter were $1,109,000.
  • The company raised approximately $3.2 million through a share placement.
  • Expenditure on mining exploration activities for the quarter was $231,000.
  • No substantive mining production and development activities occurred during the quarter.
  • Payments of $102,000 were made to related parties during the quarter.
  • Xpedra plans to acquire the Neeld Gold Project in NSW.
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.