middle.news
Nagambie Resources Secures $3M Loan, Plans Share Placement to Sustain Exploration
5:08am on Monday 2nd of June, 2025 AEST
•
Mining
Read Story
Nagambie Resources Secures $3M Loan, Plans Share Placement to Sustain Exploration
5:08am on Monday 2nd of June, 2025 AEST
Key Points
Net cash used in operating activities: A$272,000 for Q1 2025
Capitalised exploration expenditure of A$503,000 impacting investing cash flows
Secured loan facility of A$3 million arranged with A$2.6 million drawn
Cash and cash equivalents at quarter end stood at A$662,000
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Nagambie Resources (ASX:NAG)
OPEN ARTICLE