middle.news
Ark Mines Faces Cash Crunch, Plans Capital Raise to Sustain Operations
6:13pm on Sunday 1st of June, 2025 AEST
•
Mining
Read Story
Ark Mines Faces Cash Crunch, Plans Capital Raise to Sustain Operations
6:13pm on Sunday 1st of June, 2025 AEST
Key Points
Negative operating cash flow of $779,000 for the quarter
Cash reserves declined to $207,000 by quarter-end
No proceeds from equity or convertible securities issued during the quarter
Borrowings repaid and new borrowings of $350,000 recorded
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Ark Mines (ASX:AHK)
OPEN ARTICLE