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Xenora Minerals Ltd (ASX:XRA)

ALERT: Price-sensitive ASX Announcement for XRA
Current share price for XRA : $0.230 -0.095 (-29.23%)+
Announcement
Release
23 Jan 2026 8:23AM
Price at Release
$0.325
Full Release
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Summary
Xenora Minerals Ltd, trading as XRA on ASX, presented its quarterly activities report for the period ending 31 December 2025. The company highlighted significant exploration progress at the Dudley Lithium Project in South Australia, including a geochemical review and the recommencement of on-ground exploration activities. Financially, Xenora completed a capital raising of $2.1 million and ended the quarter with a strong cash position of A$2.69 million. The company reported net cash outflows of A$132,000 from operating activities and no substantive costs on mining and development within the quarter. The appendix 5B cash flow report indicated continued financial stability, with an estimated 20.34 quarters of funding available, assuming current expenditure rates. Xenora is actively exploring opportunities to enhance shareholder value and expand its portfolio in the critical minerals sector.
Key Points
  • Recommencement of exploration at Dudley Lithium Project
  • Successful $2.1 million capital raising
  • Cash reserves of A$2.69 million at quarter-end
  • Net cash outflow of A$132,000 from operating activities
  • 20.34 quarters of funding available
  • Continued focus on expanding critical minerals portfolio
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.