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Antares puts fresh capital behind Quinns drilling as cash runway tightens
10:34am on Thursday 29th of October, 2026 AEDT
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Mining
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Antares puts fresh capital behind Quinns drilling as cash runway tightens
10:34am on Thursday 29th of October, 2026 AEDT
Key Points
$740,000 net operating cash outflow during the September quarter
$898,000 cash balance and no unused financing facilities at quarter-end
Estimated funding runway of 1.2 quarters before the second placement tranche
$2.57 million placement supports Quinns drilling and Mt Isa North exploration
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Antares Metals (ASX:AM5)
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