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Legacy Iron Ore Raises $22.5M Amid Rising Mining Costs

8:17am on Thursday 30th of January, 2025 AEDT Mining
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Legacy Iron Ore Raises $22.5M Amid Rising Mining Costs

8:17am on Thursday 30th of January, 2025 AEDT
Key Points
  • Net cash used in operating activities reached $7.3 million for the quarter
  • Exploration and evaluation payments totaled $1.75 million classified as investing activities
  • Company raised approximately $22.5 million in November 2024
  • Cash reserves stood at $15.3 million at quarter-end
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