How Will Auking Mining Fund Its Exploration Amid Cash Crunch?

middle.news 7:04pm on Monday 19th of January, 2026 AEDT • Mining Read Story

How Will Auking Mining Fund Its Exploration Amid Cash Crunch?

7:04pm on Monday 19th of January, 2026 AEDT Key Points Net cash used in operating activities of AUD 535,000 for the quarter Cash on hand at quarter end was AUD 113,000, covering just 0.21 quarters of funding Two-tranche $1.5 million capital raising planned, subject to shareholder approval Loan facilities totaling AUD 1.15 million fully drawn, including director and RiverFort Global loans Read Story

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