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Bulletin Resources Limited (ASX:BNR)

ALERT: Price-sensitive ASX Announcement for BNR
Current share price for BNR : $0.036 -0.026 (-41.94%)+
Announcement
Release
24 Apr 2025 8:15AM
Price at Release
$0.062
Full Release
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Summary
The Quarterly Report for Bulletin Resources Limited for the period ending 31 March 2025 highlights significant developments including the expansion of the Lake Rebecca Gold Project, which now encompasses 1,100 km² of gold exploration tenements through a strategic acquisition. The report discusses the company's activities at the Ravensthorpe Lithium Project, where an appeal regarding a Native Vegetation Clearing Permit is pending. Financially, Bulletin maintains a strong position with cash, investments, and receivables totaling $13.43 million at the end of the quarter, alongside additional investments in Matsa Resources Limited.
Key Points
  • Lake Rebecca Gold Project doubled to 1,100 km2 via strategic acquisition.
  • Exploration potential increased with numerous new highly prospective targets.
  • Native Vegetation Clearing Permit appeal at Ravensthorpe awaits determination.
  • Bulletin received final payment of $800,000 from RMS related to the sale of tenure.
  • Acquired additional shares in Matsa Resources Limited signaling increased investment.
  • Strong balance sheet with cash, investments, and receivables of $13.43M at quarter end.
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.