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ENRG Elements Raises $2M Amid $586K Quarterly Cash Outflow
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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ENRG Elements Raises $2M Amid $586K Quarterly Cash Outflow
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Net cash used in operating activities: $586,000
Equity financing proceeds: $2.017 million
Quarter-end cash balance increased to $2.52 million
Operating expenses include $80,000 exploration and $174,000 staff costs
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