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