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McLaren Minerals Boosts Cash with Equity Raise Amid Tight Funding Runway

4:12am on Monday 2nd of June, 2025 AEST Mining
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McLaren Minerals Boosts Cash with Equity Raise Amid Tight Funding Runway

4:12am on Monday 2nd of June, 2025 AEST
Key Points
  • Operating cash outflows of AUD 366,000 for Q1 2025
  • Investing cash outflows of AUD 423,000 primarily on exploration
  • Net financing inflows of AUD 1.23 million from equity issues
  • Cash balance increased to AUD 460,000 at quarter end
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