middle.news
How Tesoro Gold’s $26.7M Raise Fuels El Zorro Amid Cash Outflows
9:03am on Tuesday 28th of October, 2025 AEDT
•
Mining
Read Story
How Tesoro Gold’s $26.7M Raise Fuels El Zorro Amid Cash Outflows
9:03am on Tuesday 28th of October, 2025 AEDT
Key Points
Quarterly operating cash outflow of A$652,000
Investing cash outflows of A$3.2 million focused on exploration and evaluation
Raised A$26.7 million in first tranche of a $34 million capital raise
Second tranche of funding expected by November 2025, pending shareholder approval
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Tesoro Gold (ASX:TSO)
OPEN ARTICLE