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Tesoro Gold Secures $11.1M Funding Amid Q1 Cash Outflows

5:11am on Monday 2nd of June, 2025 AEST Mining
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Tesoro Gold Secures $11.1M Funding Amid Q1 Cash Outflows

5:11am on Monday 2nd of June, 2025 AEST
Key Points
  • Q1 2025 net cash used in operating activities: AUD 400,000
  • Investing cash outflows of AUD 2.623 million primarily for exploration equipment
  • Closing cash balance dropped to AUD 768,000 from AUD 3.861 million
  • No financing cash flows during the quarter
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