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Horizon Minerals Navigates $5.2M Cash Deficit with Fresh Capital Injection

8:19am on Wednesday 29th of January, 2025 AEDT Mining
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Horizon Minerals Navigates $5.2M Cash Deficit with Fresh Capital Injection

8:19am on Wednesday 29th of January, 2025 AEDT
Key Points
  • Quarterly cash flow deficit of $5.165 million
  • Cash and cash equivalents at $9.624 million at quarter-end
  • Completed a capital raising in January 2025
  • Operating and investing activities driving cash outflows
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