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Geopacific Resources Launches $40M Entitlement Offer Amid Cash Flow Pressures
6:17pm on Sunday 1st of June, 2025 AEST
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Geopacific Resources Launches $40M Entitlement Offer Amid Cash Flow Pressures
6:17pm on Sunday 1st of June, 2025 AEST
Key Points
Quarterly cash outflow of $766,000 from operating activities
Cash balance at quarter end stood at $1.79 million
Launched $40 million pro-rata renounceable entitlement offer in December 2024
Bond conversions reduced debt exposure, with full repayment in January 2025
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Geopacific Resources (ASX:GPR)
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