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Kingston Resources Navigates $1.07M Operating Cash Outflow Amid $15M Loan Facility

10:27am on Friday 31st of January, 2025 AEDT Mining
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Kingston Resources Navigates $1.07M Operating Cash Outflow Amid $15M Loan Facility

10:27am on Friday 31st of January, 2025 AEDT
Key Points
  • Net cash outflow from operating activities of $1.07 million for the quarter
  • Cash and cash equivalents at $9.89 million at quarter-end
  • Significant investment in property, plant, equipment, and open pit mine development
  • Secured $15 million PURE secured commercial loan with staggered maturities
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