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Falcon Metals Ltd (ASX:FAL)

ALERT: Price-sensitive ASX Announcement for FAL
Current share price for FAL : $0.405 -0.305 (-42.96%)+
Announcement
Release
23 Jan 2026 9:23AM
Price at Release
$0.710
Full Release
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Summary
Falcon Metals Ltd, in its quarterly activities report for the period ending June 30, 2025, detailed its financial and operational activities. The company incurred exploration and evaluation expenses of $667,000 and reported a cash outflow of $757,000 for investing activities. Financing activities resulted in net cash outflows of $213,000, while proceeds from equity issues amounted to $220,000. Administrative and corporate costs were recorded at $380,000, and payments to related parties were $100,000. The company closed the quarter with cash and cash equivalents totaling $8,395,000.
Key Points
  • Falcon Metals Ltd focuses on mining exploration and its recent activities.
  • The quarterly cash flow report is the Appendix 5B for mining entities.
  • The report covers the financial quarter ending on June 30, 2025.
  • Exploration and evaluation expenses amounted to $667,000.
  • Cash outflows for investing activities summed up to $757,000.
  • Proceeds from equity issues totaled $220,000.
  • Net cash used in financing activities was $213,000.
  • Cash and cash equivalents at the end of the period were $8,395,000.
  • Administration and corporate costs were $380,000.
  • Payments to related parties totaled $100,000.
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.