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Atrum Coal Raises $5.8M Amid $1.25M Operating Cash Outflow
9:27am on Friday 31st of January, 2025 AEDT
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Mining
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Atrum Coal Raises $5.8M Amid $1.25M Operating Cash Outflow
9:27am on Friday 31st of January, 2025 AEDT
Key Points
Net cash outflow from operating activities of $1.25 million
Litigation costs of $1.04 million related to Alberta government dispute
Raised $5.8 million via a 1 for 1.83 equity entitlement issue
Cash and cash equivalents increased to $5.65 million
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