Latest Cash Management News

Magnum Mining and Exploration Limited reported a net cash outflow of $87.68k for Q4 2024, ending the quarter with $332.81k in cash and a substantial $11 million in unused financing facilities.

Tyranna Resources has completed a key drilling phase at its Namibe Lithium Project in Angola, intersecting visible spodumene and expanding its exploration footprint. The company also lodged its first license application as it pursues a broader strategy targeting demand-driven metals.

Pinnacle Minerals Ltd reports a strategic shift towards cost reduction and partnership development across its lithium, uranium, and rare earth projects, positioning itself for future growth.

Rey Resources Limited reported a cautious quarterly cash flow with $276,000 in cash and ongoing strategic moves in its oil and gas exploration portfolio, including the surrender of EP458 and preparations for a key 3D seismic survey on EP487.

Sky Metals Limited reported its December 2024 quarterly cash flow, revealing ongoing exploration expenditures alongside a robust cash position of A$6.375 million.

Prodigy Gold's December 2024 quarterly report reveals significant high-grade gold intercepts at its Hyperion and Tregony projects, alongside progress on metallurgical testing and a new Mineral Lease application. The company maintains a solid cash position with no debt, positioning itself for an active 2025 exploration season.

FirstWave reports a stable Q2 FY25 with no cash burn for the second consecutive quarter, maintaining cash reserves at $1.68 million while securing key client contract renewals and launching a promising new product.

FirstWave Cloud Technology reports a cashflow positive first half of FY25, driven by strategic contract renewals and new technology launches, despite a slight decline in recurring revenue due to customer churn.

Lanthanein Resources has completed initial drilling phases at its Lady Grey Project and secured a six-month extension on its farm-in agreement, positioning the company for a critical assessment of its gold exploration prospects.

Galileo Mining Ltd’s latest quarterly cash flow report reveals a $706,000 net cash decrease amid ongoing exploration spending, while maintaining a strong cash position of $11.3 million.

SSH Group Ltd reports a strong Q2 FY25 with a 89% increase in operating cash flow and a significant 19% reduction in equipment-backed debt, while securing a preferred tender notice for a major gold mining project.

Legacy Iron Ore Limited reported a quarterly cash flow decline driven by increased mining and exploration expenses but secured $22.5 million in fresh funding to support ongoing operations.