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Challenger Gold Raises $6.6M After $2.1M Quarterly Cash Outflow

5:57pm on Sunday 1st of June, 2025 AEST Mining
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Challenger Gold Raises $6.6M After $2.1M Quarterly Cash Outflow

5:57pm on Sunday 1st of June, 2025 AEST
Key Points
  • Net cash outflow of $2.1 million for December quarter
  • Significant exploration and evaluation expenditure totaling $2.9 million
  • Cash balance at quarter-end stood at $877,000
  • Raised $6.6 million through a strategic private placement post-quarter
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