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Challenger Gold Raises $6.6M After $2.1M Quarterly Cash Outflow
4:58pm on Friday 31st of January, 2025 AEDT
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Mining
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Challenger Gold Raises $6.6M After $2.1M Quarterly Cash Outflow
4:58pm on Friday 31st of January, 2025 AEDT
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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Challenger Gold (ASX:CEL)
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