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Ark Mines Faces Cash Crunch, Raises $500k and Eyes $4m Royalty Boost

12:01pm on Wednesday 29th of October, 2025 AEDT Mining
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Ark Mines Faces Cash Crunch, Raises $500k and Eyes $4m Royalty Boost

12:01pm on Wednesday 29th of October, 2025 AEDT
Key Points
  • Net cash used in operating activities of AUD 723,000 in Q3 2025
  • Cash reserves fell to AUD 558,000 from AUD 1.3 million
  • No financing activities recorded during the quarter
  • Raised $500,000 via share issue post-quarter
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