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Australia United Mining Limited (ASX:AYM)

ALERT: Price-sensitive ASX Announcement for AYM
Current share price for AYM : $0.002 -0.002 (-50%)+
Announcement
Release
27 Jan 2026 12:28PM
Price at Release
$0.004
Full Release
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Summary
Australia United Mining Limited (AYM) reported its quarterly activities and cash flow for the period ending 31 December 2025, highlighting net cash outflows from operating activities amounting to $82,000, with $28,000 in cash remaining. The company is involved in projects in New South Wales and Queensland, with joint ventures for the Sofala and Forsayth Projects. Notable financial arrangements include $700,000 in unsecured loans from W.Y. International (Australia) Pty Ltd and holdings in an ASX-listed company valued at $377,000. AYM anticipates ongoing operations supported by financial commitments from related parties.
Key Points
  • Australia United Mining Limited (AYM) holds tenure over two projects in New South Wales and Queensland.
  • The quarterly cash flow report covers the period ending 31 December 2025.
  • AYM reported a net cash outflow from operating activities of $82,000.
  • Cash at the end of the quarter was $28,000.
  • The company signed loan agreements with W.Y. International (Australia) Pty Ltd, totaling $700,000, all unsecured with a 12% interest rate.
  • At the end of the quarter, AYM had 1,842,577,485 ordinary fully paid shares on issue.
  • During the quarter, $34,000 was paid to related parties for directors' salaries and superannuation.
  • The company has joint venture agreements with MinRex Resources for the Sofala Project and Forsayth Resources for the Forsayth Project.
  • AYM holds an investment in an ASX-listed company valued at approximately $377,000.
  • The company expects to continue its operations with the support of W.Y. International (Australia) Pty Ltd.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.