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Kingfisher Mining Ltd (ASX:KFM)

ALERT: Price-sensitive ASX Announcement for KFM
Current share price for KFM : $0.076 -0.019 (-20%)+
Announcement
Release
28 Oct 2025 8:19AM
Price at Release
$0.095
Full Release
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Summary
Kingfisher Mining Limited's quarterly activities report and Appendix 5B Cash Flow report for the quarter ending September 30, 2025, outlines several key developments. The company focused on exploration activities in Australia, particularly advancing its copper-gold projects, and rare earth element (REE) discoveries at the Mick Well project. The company reported a net cash outflow from operating activities of $180,000, primarily due to staff costs and corporate expenses, while investing activities saw outflows of $162,000 for exploration and evaluation. Financing activities, however, resulted in a net cash inflow of $1.221 million, driven by equity securities issuance. Kingfisher closed the quarter with $2.351 million in cash and listed investments. Additionally, the company announced a successful capital raise amounting to approximately $1.854 million.
Key Points
  • Net cash outflow from operating activities was $180,000.
  • Investing activities reported an outflow of $162,000, primarily for exploration and evaluation.
  • Financing activities resulted in a net cash inflow of $1.221 million.
  • Kingfisher closed the quarter with $2.351 million in cash.
  • The company raised approximately $1.854 million through a capital raise.
  • Kingfisher focused on advancing its copper-gold projects and REE discoveries at Mick Well.
  • The Mick Well project includes high-grade REE discoveries associated with carbonatite intrusions.
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.