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Yari Resources Ltd (ASX:YAR)

ALERT: Price-sensitive ASX Announcement for YAR
Current share price for YAR : $0.002 -0.004 (-66.67%)+
Announcement
Release
31 Jul 2026 9:11AM
Price at Release
$0.006
Full Release
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Summary
Yari Resources Limited's quarterly cash flow report for the period ended June 30, 2026, reflects a challenging financial quarter with net cash used in operating activities amounting to $324,000. The cash and cash equivalents decreased from $816,000 to $492,000 during the quarter, attributed to significant expenses in exploration, staff, and administration. A notable one-off employee termination payment further affected cash flows. Despite this, the company remains optimistic about its operational continuity, citing well-monitored cash levels and the potential for future fundraising as supporting factors.
Key Points
  • Yari Resources Limited filed a quarterly cash flow report for the period ending June 30, 2026.
  • The company reported negative net cash from operating activities amounting to $324,000 for the quarter.
  • Cash and cash equivalents at the end of the period were $492,000, down from $816,000 at the beginning of the quarter.
  • Significant expenses included exploration and evaluation costs, staff costs, and administration costs.
  • The report specifies a one-off employee termination payment impacting net operating cash flows.
  • The company expects to continue operations and meet objectives with monitored cash levels and potential fundraising.
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.