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Sunshine Metals Secures $3M Placement Amid Ongoing Exploration Spend

5:02am on Monday 2nd of June, 2025 AEST Mining
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Sunshine Metals Secures $3M Placement Amid Ongoing Exploration Spend

5:02am on Monday 2nd of June, 2025 AEST
Key Points
  • Net cash used in operating activities of A$211k for the quarter
  • Investing cash outflows of A$923k primarily on exploration and evaluation
  • Raised A$594k in the quarter from equity financing activities
  • Secured firm commitments for a $3 million placement, with $2.38 million completed
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